×
The Standard e-Paper
Home To Bold Columnists
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
By JAMES ANYANZWA
Government is sitting uneasy on over Sh18 billion in unpaid VAT refunds — leaving businesses in serious cash-flow problems.
And it is emerging that the process of clearing this backlog will take even longer than expected after the Government abolished the Withholding VAT system in July last year where government ministries, departments, and parastatals were used as tax agents.
This comes at a time Kenya Revenue Authority (KRA) is facing legal suits over unpaid VAT refunds.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join