KRA records 117.2% growth in excise duty on betting, collecting Sh13.23 billion in FY2024/25
The Kenya Revenue Authority (KRA) recorded an outstanding performance of 117.2 per cent in Excise duty on betting services during the Financial Year (FY) 2024/2025, surpassing the set target of Sh11.288 billion.
Excise duty from betting services grew to Sh13.233 billion in the FY 2024/2025 from Sh10.598 billion collected in the last financial year.
During the period under review, Betting tax surpassed the set target after collecting Sh5.70 billion against a target of Sh5.495 Billion. This translates to a performance rate of 103.7 per cent and a growth of 22.0 per cent.
The performance is attributed to KRA’s taxation at source initiatives specifically, integration of betting firms’ systems to KRA’s systems, enabling real-time monitoring of transactions. This has enhanced compliance and transparency and facilitated effective collection.
The growth in revenue comes at a time when the nation continues to face economic pressure. According to the 2025 Economic Survey, Kenya’s economy grew by 4.7 per cent in 2024, down from 5.7 per cent in 2023, reflecting broader global slowdowns and local pressures on consumption and credit.
Despite the pressures, KRA’s total revenue collection for the FY 2024/2025 stood at Sh2.571 trillion reflecting a 6.8 per cent growth, demonstrating resilience and the importance of strategic targeting in mobilising revenue from emerging sectors.
“KRA reiterates its commitment to expanding the tax base through Taxation at Source initiatives to promote fairness, efficiency and transparency in tax administration,” KRA Commissioner, Large and Medium Taxpayers Rispah Simiyu said in a statement.
