×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

Blow to taxman as court blocks VAT on insurance premium

Insurers said the VAT would increase their expenses and liability. [Jonah Onyango, Standard]

The taxman will lose billions of shillings it expected to collect from the insurance sector after the court blocked implementation of 16 per cent Value Added Tax (VAT) on insurance premiums.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902