The Kenya Revenue Authority (KRA) has suspended payment of tax refunds, signalling a tough time for cashflow for businesses owed billions of shillings by the taxman.
On Tuesday, the KRA said it was suspending all tax relief payments effective February 28, which include zero-rated goods and services from the 16 percent value-added tax (VAT) until further notice.
Source: www.businessdailyafrica.com
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