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

Pension fund boss pushes for 'Pay-As-You-Spend' tax

Close up view of elderly hands putting money in a piggy bank. [Getty Images]

CPF Financial Services has proposed a change in the tax regime, citing shortfalls in the government's current revenue collection structure.

Group Managing Director Hosea Kili in a proposal forwarded to the National Dialogue Committee wants a consumption-based tax regime, which should also be linked to social protection.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full 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
Business
Factories review the green leaf payment following farmers demand
Business
Global hotels bet big on Maasai Mara as tourism earnings surge
By Sofia Ali 8 hrs ago
Business
Government steps up push for local manufacturing
Shipping & Logistics
Confusion over seafarer IDs exposes gaps in maritime governance