Robert Waruiru News Today

EAC Customs Union is applying a higher tariff of 35 percent on imported wines and whiskies to encourage local production.

Agriculture, the informal and digital sectors are some of the hard-tax areas that have been identified by the Treasury in the MTRS.

The implementation of the controversial Finance Act 2023 enters its third phase this month.

Kenya imports mostly television sets, large construction vehicles, clothes, and steel products from China.

Businesses with foreign currency denominated loans and have their interests exceeding 30 percent of their net income could get a relief.

The government has set sights on cross-border transactions as it targets sealing loopholes that allow firms to pay less than their fair share of taxes.

The taxman is looking to collect a record Sh16 billion in excise taxes from betting, gaming and lottery businesses.

Wealthy Kenyans and politicians will import helicopters and planes at cheaper prices.

Ordinary Kenyans and the middle-class have been hit with massive levies to fund the 2023/24 budget.

Bigger companies will be penalised for doing business with suppliers not listed on the electronic tax invoice registry.