- Kenya’s National Treasury is considering introducing a 16 percent value-added tax (VAT) on bread and milk
- Current structure where VAT on bread and milk is zero-rated has failed to benefit poor households
- Zero-rated goods are exempt from VAT and make products more affordable for lower-income consumers
- Treasury Cabinet Secretary Prof Njuguna Ndung’u mentioned the possibility of creating refunds for institutions dealing with products consumed by the poor
Source: theeastafrican.co.ke
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.
Latest Posts in "Kenya"
- Scrap Metal VAT Exemption Sparks Concerns Over Rising Manufacturing Costs
- Kenya Proposes 10% VAT and Heavy Fees on Crypto Firms
- Kenya clarifies reverse invoicing rules under eTIMS framework
- Finance Bill 2026 Extends VAT Bad Debt Refund Period, Impacting Taxpayer Cashflow
- Finance Bill 2026 Expands Tax Invoice Requirement to All Suppliers, Including Non-VAT Registered
