motor vehicle tax kenya Stories

Parliamentary budget advisers warn Ruto against introducing new taxes
Maureen Kinyanjui  |  Oct 25, 2024

Parliamentary Budget Office said numerous annual tax policy adjustments over the years have not resulted in higher revenue.

Grogan garages: Nairobi mechanics’ economic hub that has thrived since World War II
Barack Oduor  |  Jul 05, 2024

The defunct Nairobi Metropolitan Services had said the mechanics would be relocated to Thika Road to pave the way for a recreational park.

Rights groups petition speakers Wetangula and Kingi over Finance Bill 2024
Barack Oduor  |  Jun 07, 2024

The group is also dissatisfied with President William Ruto's directive ordering individuals residing on riparian reserves to be evacuated.

Finance Bill 2024: Committee seeks oral, written views ahead of public hearing
Vincent Ombati  |  Jun 04, 2024

National Assembly Clerk Samuel Njoroge said on Tuesday that the public hearing will be held on June 10 at the Kenyatta International Convention Centre...

Finance Bill 2024: Why car owners feel new tax is 'enemy of progress'
Alfred Onyango  |  Jun 04, 2024

If the bill becomes law, insurance companies will collect the motor vehicle tax at the point of issuance of insurance coverage and remit the same to t...

Kenya's vehicle market faces steepest decline in seven years amid high taxation
Bashir Mohammed  |  May 21, 2024

A combination of factors, including increased taxation, rising interest rates, and currency fluctuations, have attributed this sharp decline, the most...

Insurers urge MPs to reject proposed motor vehicle tax, cite potential harm to industry
Bashir Mohammed  |  May 18, 2024

AKI acknowledges the need to expand tax revenue but advocates for a focus on creating a conducive business environment to achieve sustainable growth.

Finance Bill 2024: Motorists to pay up to Sh100,000 motor vehicle tax
Barack Oduor  |  May 11, 2024

The Bill proposes that the minimum tax payable to the Commissioner on each vehicle at the time of the issuance of an insurance cover will be Sh5,000 w...

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