×
The Standard e-Paper
Smart Minds Choose Us
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 MORRIS ARON
In April 2007, a team of budget experts seated on the fifth floor of Treasury Building made a decision that was to hurt businessmen — and the Government — for years to come. Their aim was simple: To net all the tax evaders and grow tax revenue for the Government and sieve the process through a double-gated checkpoint.
The plan backfired hardly a year into implementation — leading to the tax refund mess that is today.
The technocrats proposed that for any service or goods rendered, VAT was to be paid twice to KRA.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join