APPETITE FOR TAX: Kenya’s relentless appetite for taxing ordinary citizens

Show Swahili

3rd September, 2018

TREASURY’S TAX MEASURES:

• Government imposed 16% Value Added Tax on Petroleum Products

• Mobile Money transaction charges 12 percent up from 10 percent

• Dividend earnings now attracts a withholding tax charge of 5 percent, and

replaces compensating tax that was being charged previously

• Those transacting large volume of money between banks and other

financial institutions were to incur a 0.05 percent of excise tax for every

Sh500,000 transferred

19th April, 2024

19th April, 2024

19th April, 2024