“There’s definitely going to be an upward adjustment in [used car] prices,” Charles Munyori, the secretary-general of the Kenya Auto Bazaar Association (Kaba), which represents used car dealers, told theBusiness Daily. “This is because the use of 65 percent depreciation as opposed to...
The taxman has dismissed a claim by a section of car importers that its demand for registration of imported used motor vehicles before entry at the point of clearance amounts to discrimination. In its submissions to a petition by the Car Importers Association of Kenya (Ciak), the Kenya Reve...
The dealers argue that the new CRSP is inflated and has the potential to increase the final prices of some car models by hundreds of thousands of shillings. The suit over the higher taxes comes as used car prices in Kenya have jumped by an average of 37 percent over the past six ...
Instant car registration details will be used to smoke out individuals who are driving high-end vehicles but have little to show in terms of taxes remitted. Kenya Power meter registrations are helping the taxman identify landlords, some of who have been slapped with huge tax demands. Kenya ...