Topic: Value Added Tax
Finance Bill 2025 proposes reduction of Kenya’s Digital Service Tax to 1.5 per cent
May 07, 2025 at 12:35 PM
Kenya’s Finance Bill 2025 has proposed reducing the Digital Service Tax (DST) from 3 per cent to 1.5 per cent, aligning it with the turnover tax, which the Bill states as “one ...
Fuel outlets face June 30 deadline to connect pumps to KRA’s eTIMS system
May 06, 2025 at 05:38 PM
The Kenya Revenue Authority (KRA) has directed all petrol stations across the country to connect their fuel pumps to the Electronic Tax Invoice Management System (eTIMS) by June 30...
Local banks face new VAT charges on auctioned assets following tribunal ruling
Feb 05, 2025 at 05:14 PM
Kenyan banks are now required to charge Value Added Tax (VAT) on assets seized from loan defaulters and sold via auction, following a landmark ruling by the Tax Appeals Tribunal....
Cooking gas prices surge to record-high despite relief promised by President Ruto
Apr 03, 2024 at 05:17 PM
The cost of cooking gas in Kenya has surged to an all-time high, defying government initiatives aimed at making clean-burning fuel more affordable....