Consumers warned to brace for more taxes in Kenya

Consumption-based taxes such as VAT, excise duty tax and customs are charged for spending on goods and services. [PHOTO:FILE/STANDARD]

Kenyans should brace for tough times ahead as the Government moves to implement two pieces of tax legislation to plug the ballooning budget deficit.

According to analysts PriceWaterhouseCoopers (PwC), the Government will be keen to implement the Value Added Tax (VAT) Act 2013 and Excise Tax Act 2015 in a bid to help the Kenya Revenue Authority’s (KRA’s) meet its revenue collection targets.