Kenya’s exporters will no longer have room to manually declare export values in their VAT returns starting May, after the Kenya Revenue Authority...
There are moments in economic policy where a small percentage looks harmless on paper, yet carries the weight of an entire economy on...
Fuel prices in Kenya have dipped slightly after the government cut taxes, offering some relief to consumers grappling with high transport and energy...
Kenya’s push to grow its industrial sector and attract new investors is being slowed down by delayed payment of Value Added Tax (VAT)...
Individuals and businesses using iTax, TIMS, eTIMS and customs business systems will have an easier time filing returns via the newly introduced VAT...
In simple terms, these tax amendments to address fiscal deficit by broadening the tax base, improving compliance, and aligning with international tax standards.
Kenya is currently facing a severe shortage of condoms, putting the sexual health and HIV prevention efforts of citizens at risk.
With these adjustments, EPRA passes whichever costs to consumers throughout the economy
The tax rate for TOT is 3% on the gross sales/turnover