Bad News For Kenyans As Ruto Introduces New Tough Taxes Ahead Of Coming Election

Bad News For Kenyans As Ruto Introduces New Tough Taxes Ahead Of Coming Election

2 months ago
2 min read
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331 words

Kenyans are beginning to experience the impact of the Finance Act after its latest provisions officially took effect, ushering in a raft of tax changes that affect salaried employees, landlords, betting firms, and thousands of businesses across the country.

The implementation of the new law comes as the government seeks to increase revenue collection while maintaining funding for key public projects and reducing the country's budget deficit. The Kenya Revenue Authority (KRA) has already begun rolling out the changes, urging taxpayers to comply with the new requirements.

Among the biggest changes are those affecting workers, with adjustments to tax administration expected...

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Bad News For Kenyans As Ruto Introduces New Tough Taxes Ahead Of Coming Election | Soma Stories