The 10-percentage point rise on import taxes has also ended up increasing the other taxes on cars such as the excise duty and value added tax (VAT) as these taxes are loaded and paid cumulatively in that order. The Kenya Auto Bazaar Association, which represents second-hand car dealers, s...
and on which any taxes due have been paid, will be sold in Kenya. Mobile networks have also been directed to connect only to devices whose tax compliance has been verified. Any mobile phones that are found to have not had their IMEI numbers uploaded will be greylisted by theCA. The autho...
Traders are currently complaining.tax revenue The growth is relatively high. They ask the IRS to cut taxes and protect their businesses. Kenya's Inland Revenue Department said that the issue of high import tax on trade has been raised by Gikomba wholesalers before. This problem has been solved ...
Uncertainty has the effect of undermining confidence and creating major risks for Kenya’s recovering economy. The legal battle over the newly signed finance law that doubled fuel tax and introduced new taxes is now one of the main sources of uncertainty. The court froze the law, which...
22 July 2024 Kenya Edition Migration Tool We have introduced a new migration tool that allows you to migrate your Zoho Books organization from Global to Kenya edition effortlessly.This tool will appear at the top of the left sidebar if certain prerequisites are met and highlights the features ava...
Income from sales on digital platforms in Kenya will now be subject to tax, one of a number of changes introduced under The Finance Act, 2019.
Kenya Revenue Authority(KRA) tax collections in the just ended 2020/21 financial year reached a new record of KSh 1.669 Trillion compared to KSh 1.607 Trillion the previous year. As reflected in the 2021 budget policy statement, the revenue target was KSh 1.652 Trillion, which KRA surpassed wit...
Taxes by Mortgage StatusHealth & DisabilityHealth Insurance Coverage by AgeHealth Insurance Coverage by CitizenshipHealth Insurance Coverage by Household IncomePublic vs Private Health Insurance CoverageDisability Status by Sex by AgeDisability Class by Sex by AgeTechnology AccessComputing Device AccessInternet...
Ravi Agrawal Chairman of the Central Board of Direct Taxes Samrat Chaudhary GST Rate Rationalisation GoM New finance minister from Odisha GoM on Analysis of Revenue from GST Ajit Pawar GoM on Boosting Real Estate Sector under GST May 2024 Name of the PersonDesignation Air Marshal Nagesh ...
TransUnion Kenya credit data shows that non-performing loan rates in Kenya have increased to 14.6% in March 2021, from 12.5% in March 2020, as more borrowers default on their repayments. Fraud remains an ongoing and increasing concern, with TransUnion Kenya data putting annual losses from identi...