VATupdate

Relief for Kenyans as Treasury exempts bread from VAT

• Yatani said bread will not attract VAT at the rate of 16 per cent from July 1, 2021.

• This is an answered prayer to the Bakers Association of Kenya (Bake) which had urged the government to reconsider plans to introduce 16 per cent VAT on ordinary white bread.

Source: the-star.co.ke

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