Value Added Tax Stories

The directive is expected to impact Kenya significantly, as it currently applies a 16 per cent VAT on goods entering its market.

The collections dropped by 4.3 per cent in the six months to December 2024.

National Treasury Cabinet Secretary John Mbadi said he will reduce VAT from the current 16 per cent to 14 per cent and corporate taxes from 30 per cen...

In the new changes targeting bread, a 400g loaf of bread could see a price hike of at least Sh10, raising the average cost from approximately Sh65 to...

Most of those affected are in the Cement, Steel and Paper industries which are directly hit by the export promotion levy.