The Bomet governor, Dr. Hillary Barchok has urged the national government to suspend 16 per cent Value Added Tax (VAT) levy on factories sales in a bid to increase farmers’ earnings. Dr. Barchok said over-taxation was identified as one of the reasons farmers from the region earned low prices on their tea produce, compared to […]
Continue ReadingThe Director of Hanamal Constructions Limited, Hassan Ahmednur Baricha was on Monday charged with tax fraud amounting to Sh. 173 million. Ahmednur was arraigned before the Milimani Senior Principal Magistrate (SPM), Peter Ooko with five counts of falsifying statements to lower the tax liability payable to the Commissioner for Domestic Taxes as required by the […]
Continue ReadingThe Value Added Tax (VAT’s) Value Auto Assessment (VAA) system has seen tremendous increase in tax collection. The system based solution is used by the Kenya Revenue Authority to detect inconsistencies between purchase and sales invoices of tax payers. The Deputy Commissioner (DC), Policy and Tax Advisory, Caxton Ngeywo said on Thursday that previous interventions […]
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