OPINION: Heavy taxation detrimental to country’s economic health
The Finance Bill, 2024, has proposed several tax increments that could exacerbate the already tough economic conditions in Kenya. Among ...
Wednesday, January 15, 2025
Tag: Tax
Kenya Bankers warn proposed tax could push levy on financial services to 40%
Kenya's banking industry has sounded the alarm over a government proposal to introduce a 16% value-added tax on financial transactions, ...
Ruto calls for tax reforms to support Kenyans in Diaspora
President William Ruto has instructed the National Treasury to revamp the existing taxation structure and eradicate double taxation for Kenyans ...
Taxpayers enjoy KES 209 billion windfall in tax amnesty bonanza
More than 200,000 taxpayers in Kenya have benefited from over KES 200 billion in waived penalties and interest under the ...
KRA raises tax imposed on workplace loans
The Kenya Revenue Authority (KRA) has implemented a tax rate adjustment on loans provided to Kenyan employees at their workplaces ...
IMF pushes Kenya on tax overhaul after collections lag
The International Monetary Fund has called for urgent tax reforms in Kenya after expressing concerns over recent revenue shortfalls, asking ...
Kenyan files urgent petition to overturn tax exemptions for religious entities in Kenya
A high-stakes legal battle is unfolding in Kenya over the country's tax exemption policies after a prominent surgeon filed a ...
Government hits back at BBC over ‘tax collector’ president claim
The Kenyan government spokesperson strongly condemned a recent BBC article that referred to President William Ruto as “The ‘tax collector’ ...
KRA denies taxing M-Pesa till Numbers amidst growing business concerns
KRA has swiftly dispelled claims circulating on social media that it is imposing taxes on MPESA Till numbers. "Not true. ...
Tourist-friendly Kenya: Balancing KRA’s duty and hospitality image
The Kenya Revenue Authority (KRA) has come under fire in recent times as complaints mount over the alleged harassment of ...
