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.
Premium Article
Get Full Access for Ksh299/Week.
Uncover the stories others won't tell. Subscribe now for exclusive access.
🔥 Flash Sale !
Subscribe now and enjoy 50% off monthly and annual plans. Offer ends in…
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.