×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Taxman to pay Sh27b VAT refunds by April

KEPSA Chairperson Nick Nesbitt (left) with Kenya Revenue Authority Commissioner General Githii Mburu during a roundtable yesterday. [Courtesy]

Kenya Revenue Authority (KRA) has committed to pay Sh27.6 billion in VAT refunds owed to the private sector by April next year. The move is expected to boost liquidity in the ailing economy.

This follows a meeting between the taxman and members of the Kenya Private Sector Alliance (Kepsa) to iron out concerns raised by businesses.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive 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