State listens to Kenyans’ pleas on proposed taxes
Kenyans got some relief after the government made changes to some of its tax proposals contained in the Finance Bill 2024 after listening to suggestions from the public. President William Ruto said the changes to the Finance Bill have taken into account the views of the people and other stakeholders during public participation sessions. The amendments include the removal of the proposed 16 per cent VAT on bread, transportation of sugar, financial services, foreign exchange transactions as well as the 2.5 per cent Motor Vehicle Tax. Read more