President Ruto has signed the Finance Bill into law initiating tax rises that are not popular with the public.
The Finance Act increases VAT on fuel from 8 to 16 percent. All Kenyans will pay this directly or indirectly through increased transport charges. This will be painful but at least everybody will pay, not just the over-burdened ‘white collar workers’.
Source: www.the-star.co.ke
Latest Posts in "Kenya"
- eTIMS Fuel Station System: Streamlining Tax Compliance and Operations for Kenyan Fuel Retailers
- High Court Rules Digital Platforms Liable for VAT on Full Transaction Value, Not Just Commissions
- Kenya High Court: Digital Platform Operators with Transactional Control Liable for Full VAT
- Top 10 Tax-Exempt, Business-Friendly Special Economic Zones to Set Up in Kenya in 2026
- Briefing document & Podcast: E-Invoicing and E-Reporting in Kenya
