President William Ruto has proposed a raft of changes to the Kenya Revenue Authority (KRA) as his government begins service delivery.
Speaking during the opening of the 13th Parliament on Thursday, September 19, the Head of State proposed that the revenue authority be renamed to the Kenya Revenue Service.
President Ruto said that his government was working with KRA on a culture to change and make it a people-friendly organization.
“We will work with the Kenya Revenue Authority on a culture change to make it a people-friendly, customer-centric organization. I am of the view that we should rename it the Kenya Revenue Service in line with the proposed transformation,” President Ruto said.
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He further said that his government will propose tax measures to move the economy in the right direction adding that KRA was currently over-taxing trade and under-taxing wealth.
The Head of State said that he is committed to ensure that the tax system is responsive to the needs of the economy.
“It must be equitable, efficient and customer friendly. The economic principle of equitable taxation require that the tax burden reflects ability to pay.
“This is best achieved by hierarchy that taxes wealth, then consumption, then incomes and lastly trade. In that order of preference so that those who are wealthy and have the capacity to pay should pay more,” the President said.