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Kenya Association of Manufacturers (KAM) appreciates the government’s continued support towards driving manufacturing sector growth. The National Assembly published the Finance Bill 2023 on 28th April 2023. The Bill seeks to amend laws relating to various taxes and duties such as the Income Tax Act, Value Added Act (VAT), Tax Procedures Act and Excise Duty…
The National Democratic Congress (NDC) Parliamentary Minority Caucus has rejected the proposed 2.5 per cent increase in value added tax (VAT) in the 2023 Budget Statement and Economic Policy of the Government. Mr Haruna Iddrisu, the Minority leader, speaking at a press conference at Parliament House in Accra, said while…