9 Articles
9 Articles
Treasury CS Mbadi raises hopes for PAYE tax cuts but on one condition
Treasury Cabinet Secretary John Mbadi has raised Kenyans’ hopes of enjoying lower taxes in the near future, after revealing that the government is considering reducing Pay As You Earn (PAYE) rates and corporate taxes. However, he has made it clear that any such relief hinges on the success of ongoing reforms at the Kenya Revenue Authority (KRA). Speaking during a session in the Senate on Wednesday, CS Mbadi disclosed that the National Treasury h
Plans to reduce PAYE shelved after KRA fails to meet target
NAIROBI, Kenya, Jun 4 – Treasury Cabinet Secretary John Mbadi says the government shelved plans to reduce the Pay As You Earn tax after KRA failed to meet its revenue collection targets. Speaking before the during a Senate plenary session, Mbadi said the government had conducted simulations on how to lower the PAYE burden to boost Kenyans’ disposable income. However, he stated that the failure by KRA to meet its revenue goals forced Treasury to …
Over 14 vehicle models missing in KRA’s new tax price list
More than 14 motor vehicle models are missing from the new price list that Kenya Revenue Authority (KRA) will use to calculate taxes on used imports from July 1 amid industry uproar over the possibility of steep and unpredictable duty being imposed on the models. The models include the Subaru Impreza G4 (1.59 litre petrol […]
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage