President William Ruto Exempts Gas Meters from VAT to Promote Clean Energy Access

• President William Ruto signed the Miscellaneous Amendments Bill, 2024, exempting gas meters from VAT
• The amendment aims to increase access to clean energy for low-income households
• The Finance Act 2023 scrapped three taxes on cooking gas, reducing refill costs
• Despite the tax cuts, cooking gas prices soared due to high global costs and currency depreciation
• The government aims to reduce cooking gas refill prices further in the future

Source: tuko.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.

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