- The 2024 Finance Bill has caused controversy with proposed taxes
- New 16% VAT on cheque processing and forex transactions
- National Treasury amended list of services exempt from VAT
- Foreign exchange transactions now included in VAT
- Other financial services targeted for VAT as well
Source: biznakenya.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.
Latest Posts in "Kenya"
- Kenya KRA GavaConnect Reaches 1,000 Developers: eTIMS and VAT API Integration Announced
- Kenyan High Court Exempts Pesapal from $500k VAT, Setting Fintech Tax Precedent
- Pesapal Wins Court Ruling: Digital Payment Services Exempt from VAT in Kenya
- Uber to Issue Electronic Tax Invoices for Rides in Kenya Under New KRA Rules
- Kenya Enacts Tax Procedures Amendment Act 2024: Key Changes and Implementation Dates
