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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Businesses will soon be able to use the tax credits they are owed by the taxman as Value Added Tax (VAT) refunds to offset other tax obligations if a proposal presented to President William Ruto is approved.
The President’s office is also reconsidering the three-month provision in the Finance Act, 2025, regarding the verification and payment of VAT refunds, to revert it to 90 days.
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