The hidden cost of tax complexity for Kenya's SMEs
Nairobi, Sept. 7 -- Kenya's small and medium-sized enterprises (SMEs) are often described as the backbone of our economy. They create employment, support households, drive innovation, and provide livelihoods across almost every sector.
Yet for many entrepreneurs, running a business today requires becoming something else simultaneously: A part-time tax expert.
The public conversation around taxation tends to focus on rates: How much businesses are required to pay. But there is another cost that receives far less attention: The burden of understanding, administering, and remaining compliant with an increasingly complex tax environment.
For a large corporation with a finance department, tax advisers, and enterprise systems, a new complian...
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