Spare SMEs from paying turnover tax, says lobby

Work in progress at Avoveg Limited, a company dealing in the processing and export of horticultural produce, during the company's post-COVID-19, phased reopening of business to local and international markets. [David Njaaga, Standard]

Manufacturers’ lobby has warned that the move to start taxing small businesses turnover tax will have a huge impact on their business operations.

The Kenya Association of Manufacturers (KAM) now wants the minimum tax abolished or suspended, until when effects of the Covid-19 pandemic, which has affected the economy, is managed.