Questions mount as Treasury mute on corporate tax, VAT cuts pledge
Nairobi, June 15 -- The National Treasury has remained silent on earlier promised tax reforms aimed at improving equity and predictability, including cuts to value-added tax (VAT) and corporation tax.
The measures form part of the medium-term revenue strategy (MTRS), whose implementation enters its final year in the fiscal cycle beginning July 1, 2026.
The pending tax concessions include a widely anticipated review of pay-as-you-earn (PAYE) rates for low-income earners. The measure was notably absent from Treasury Cabinet Secretary John Mbadi's 2026/27 Budget Statement presented in the National Assembly last week.
Tax analysts criticised the Treasury for omitting the concessions, which are viewed as incentives for growth and investment...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.