- Kenya is proposing to increase the VAT rate to 18%.
- The increase would be implemented in 2024-25 and 2026-27.
- The current VAT rate is 16%.
- The increase is intended to support government plans.
- The proposed rate would be in line with neighboring countries.
Source: kofax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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