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The interim government is set to introduce a wide range of tax and duty reforms in the upcoming fiscal year in a bid to facilitate the country’s smooth graduation from Least Developed Country (LDC) ...
The textile industry, in particular, faces a major impending challenge. Currently, cotton imports are exempt from tax. However, the new budget proposes a 2% advance income tax (AIT) on imported raw ...
The World Bank wants the Kenyan government to subject flour, toothpaste and other consumer items to 16 per cent VAT.
The Bureau of Internal Revenue (BIR) expects the new rules streamlining the value-added tax (VAT) refund process -- a key ...
Sources within the Ministry of Finance and the National Board of Revenue (NBR) indicate that industries producing mobile phones, electronics, home appliances, toiletries, LPG cylinders, elevators, ...
A visit to the northernmost region in Europe’s northernmost country offers a window into how to make electric vehicles the ...
Multi-choice African Holdings, the providers of DSTV and Showmax, have been slapped with a Sh681,513,813 input tax owed to ...
Authorities cited legal constraints and registry practices in their explanations during a Parliamentary session.
A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations ...
Kenya’s real estate sector is sounding the alarm over proposed tax changes in the Finance Bill 2025 and the National Rating ...
Stokes also sees more at play than just a disagreement over trade deficits. Trump’s threats “are rooted in frustration with ...
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