The financing of President Uhuru Kenyatta’s final budget will attract higher taxes on common household commodities as he vacates office in August this year.
As shown Finance Bill for 2022, Flour, alcohol, chocolates, and beauty products are among the items to receive higher taxes.
Treasury Cabinet Secretary Ukur Yatani has proposed a 15 percent excise duty on alcohol, gaming, and gambling advertisements.
This will apply to all television stations and other advertising outlets like billboards.
“Following various consultations and in line with the government’s commitment on mitigating against the social vices
President Uhuru Kenyatta has been put to task by Members of Parliament to necessitate the return of a Ksh.5.7 billion fertilizer fund that has been removed from the supplementary budget by the Treasury or they paralyze the passage of the Ksh.138 billion mini-budget come March
Proposals have been tabled by the Consumers Federation of Kenya (COFEK) to have Kenyans enjoy free internet.
this, COFEX suggests an imposition of Value Added Tax (VAT) on products and services sold through internet.
“Ideally, the internet should be made free so that it becomes a platform for