KRA Recovers Ksh 549Mn From Staff Lifestyle Audit
Summary dismissals rose sharply at the Kenya Revenue Authority (KRA) to 25 cases in Q1 of FY 2024/2025 from seven last year. “Other key anti-corruption measures include profiling of tax [...]
Taxes keep Fuel Prices High Despite Global Easing
While fuel prices have decreased marginally in 2024, they remain high with taxes taking up to between 36% 45% of the total retail prices, slightly higher than the landing [...]President Ruto Assents Tax Bills into Law
Earlier this week, President William Ruto signed into law, seven bills including the Tax Laws (Amendment) Bill, the Tax Procedures (Amendment) Bill, the Business Laws (Amendment) Bill, and the Kenya [...]Higher Taxes on Materials Weigh Down Construction Industry
A bag of cement this December costs about KSh 830 up from KSh 750 in December 2023 amid concerns that limestone and additives used in manufacturing could lose their zero [...]IMF Deputy Chief Tackles Tax Backlash in Kenya Visit
International Monetary Fund Deputy Managing Director Dr. Nigel Clarke traveled to Kenya on his first overseas trip since joining Fund leadership in October, meeting major stakeholders including President Ruto, Central [...]The Proposed VAT Regime on Air Ticketing Services Needs to Be Scrapped
In the Kenya Association of Travel Agents estimation, the imposition of VAT on air ticketing services will reduce flight bookings by up to 15%, lead to business closures and with [...]
Mobile Money Transactions Dip by 14.5%
The number of mobile money transactions declined by 7% in September compared to the start of the year, according to the latest data from the KNBS. The total value of [...]Lobby Group Asks Government to Tax the Rich
The National Taxpayers Association (NTA) has called upon the Treasury to design a Wealth Tax' that could net over KSh 100 billion annually, unburdening low-income earners. Implementing an annual wealth [...]Kenya Lobbies Regional Peers to Adopt Digital Service Tax in Revenue Chase
Kenya is committed to introducing the Significant Economic Presence (SEP) tax which will target the digital marketplace and is lobbying its partners in the East African Community (EAC) to add [...]Kenya's Taxing Times: Balancing Economic Recovery and Taxes
Kenya is standing at a critical economic crossroads as the government unveils a fresh series of tax reforms and policy measures to ease economic pressures, boost growth, and restore public [...]Taxman Eyes KSh 60bn from Crypto Dealers
The Kenya Revenue Authority (KRA) announced during the Taxpayers' Day Celebrations that it collected KSh 10 billion from crypto dealers in the financial year ended June 2024. We have agreed [...]Travelers to Declare Mobile Devices Details Beginning Next year
Travellers entering Kenya will be required to declare details of their mobile phones and other devices at points of entry, the Kenya Revenue Authority has said. “The public is therefore [...]
