KRA shuts down Nanyuki brewer, bosses on the run
Summary
KRA says the directors and chairman of Mount Kenya Breweries have defied the orders to surrender to the taxman and shed light on the investigations.
Mount Kenya Breweries manufactures Sparkler Vodka, Blue Ice Vodka and Bubblez Vodka, all packaged in 250ml and selling at Sh100.
Tuesday April 27 2021
By JOHN MUTUA
Summary
KRA says the directors and chairman of Mount Kenya Breweries have defied the orders to surrender to the taxman and shed light on the investigations.
Mount Kenya Breweries manufactures Sparkler Vodka, Blue Ice Vodka and Bubblez Vodka, all packaged in 250ml and selling at Sh100.
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Brace for change as government works to protect the local economy. 00:01
SA has entered the realm of export taxes. Image: Simon Dawson, Bloomberg
South Africaâs business community should brace itself for several changes to the current guidelines and regulations in the customs and excise policy framework.
It is expected that SA will see more ‘lobby-type’ anti-dumping and tariff investigations as government becomes more supportive of protecting the local economy, says Caroline Rheeder, associate director at Cova Advisory & Associates.
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Treasury rejects planned 30% tax on imported furniture msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Proposed taxes will increase cost of doing business
Tuesday April 13 2021
Passenger Service Vans in Kampala. The government is planning to re-introduce an annual licence by July this year following the Traffic and Road Safety Act Amendment Bill 2021. PHOTO/EDGAR R. BATTE
Summary
Revenue targets. Government hopes to raise at least Shs400 billion from 10 Tax (Amendment) Bills 2021 in the quest to meet revenue targets in an economy where the Covid-19 pandemic has battered collections.
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On April 1, Finance Minister Matia Kasaija proposed a raft of tax amendments, most of which tax analysts say if passed in their current form, will deepen the tax burden.
April 7, 2021 Written by URN
The ministry of Finance has proposed an annual license fee of Shs 200,000 for all car owners as part of the revenue sources to fund the FY 2021/2022 budget.
State minister of Finance David Bahati, says that the move is intended to streamline the transport sector by getting rid of illegitimate cars and raising money for the maintenance of roads across the country. According to the breakdown, car owners will pay Shs 200,000 while motorcycle owners will pay Shs 50,000 annually.
Bahati was today defending the new tax bills before the parliament s finance committee chaired by Henry Musasizi. If passed, the proposal will come into effect on July 1, 2021. It is embedded in the Traffic and Road Safety Act (Amendment) Bill, 2021 whic