KRA collects KSh15.1bn in betting-sector taxes in 2022/23
Kenya Revenue Authority collected more than KSh15.1bn from betting excise duty and withholding tax on winnings in the 2022/23 financial year, according to a report. The authority collected KSh6.64bn in excise duty and KSh8.601bn in withholding tax; it attributed the growth to integrating betting companies into its tax system. KRA said 36 companies had been integrated, with a further 87 targeted.
KRA’s integration of betting companies into its tax system links operators to excise duty and withholding tax collection.