Topic: Value Added Tax
Auction Tax
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....
Costly Cooking
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....
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