Tag: edna gitachu
Kenya’s tax receipts for July were indicative of what could be a very difficult financial year for tax collection having dropped to Ksh94.54 billion in taxes in July compared with Sh107.45 billion a year earlier due to the Covid-19. Edna Gitachu, Tax Policy Lead at PwC Kenya joins CNBC Africa for more.
Kenya’s Finance Bill 2020 proposes to introduce a 1.5 per cent tax on the gross transaction value of digital Services as well as levy VAT at 14 per cent on a number of goods that are currently exempt. This is in efforts to boost tax revenue in the country. Edna Gitachu, Tax Policy Lead at PwC Kenya joins CNBC Africa for more.