This followed President William Ruto’s pronouncement of new revenue targets for the financial year 2024/2025. What is KRA looking for from tenants/landlords? In a confidential notice posted on the X platform, KRA notified the Association of Nyayo Embakasi Property Owners of the planned visit. The taxman noted that field officers will visit the Nyayo Estate in Embakasi – Malaika Park Gate, Nairobi, on Saturday, November 11. “The exercise will create awareness about rental income tax to landlords and residents. Field officers will undertake data collection excise on rental income properties,” said KRA Chief Manager, Rental Income. KRA’s new revenue target The authority said it is a mandatory requirement for the public to comply with providing information on rental revenue. Ruto set a new tax collection target of KSh 4 trillion for the Kenya Revenue Authority (KRA) to meet in the financial year 2024/25. He reiterated that his administration set a revenue collection target of KSh 3 trillion for the financial year 2023/24, saying it is achievable. What is the work of KRA field officers? KRA deployed over 1,400 field officers with paramilitary training to help increase tax compliance and tax base. The authority said the officers will be helping taxpayers identify any gaps in tax compliance, initiate tax base expansion and collect tax where due. The officers visited shops and businesses for the first time in September 2023, collecting tax information from the traders. Images shared on the X platform, formerly Twitter, showed that the officers visited shops, taking down data on individual business tax obligations.
BY Wycliffe Musalia