×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

FKF petitions govt over betting companies tax proposal

INSET: FKF President Nick Mwendwa Addressing the press. PHOTO: Courtesy

Football Kenya Federation (FKF) has petitioned the Government to consider reviewing a recent proposal to levy a 50 per cent tax on betting companies.

The proposal, contained in the Finance Bill 2017 and announced by Treasury Cabinet Secretary Henry Rotich in his recent Budget Statement, seeks to increase the current tax rate payable under the Betting, Lotteries, and Gambling Act to 50 per cent.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in