Drop tax on basic items, urges Icpak

CS Henry Rotich

NAIROBI, KENYA: The Institute of Certified Public Accountants of Kenya wants National Treasury to concentrate more on widening the tax base and drop the proposed changes that will lead to increased prices on essential goods.

Chairman Julius Mwatu said shifting commodities such as LPG, bread, sugar, maize flour, bottled water and processed fish from zero-rated to value added tax-exempt status will hurt low-income earners that the Government’s budget purports to protect.