×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Will a consumption-based tax finally net informal economy?

Vocalize Pre-Player Loader

Audio By Vocalize

An illustration of over-taxation. [Getty Images]

During the 2018-2019 Budget Statement reading, then National Treasury Cabinet Secretary Henry Rotich detailed how the turnover tax introduced in 2006 had become unsuccessful in netting the informal economy.

He told the country that compliance levels had become low due to the profile of the sector and tabled a proposal to deal with these ghost enterprises.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full 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
Football
Victor Wanyama: The Lion of Muthurwa who roared in Europe
Football
Harambee Starlets upbeat ahead of Fifa series
Sports
Starlets and Junior Malkia Strikers in race for Soya glory
Hockey
Wounded giants St Anthony's and Kamusinga seek redemption