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Budget: the tax measures

Finance minister Njeru Githae (pictured) said  the government plans to hire 10,000 additional teachers and has set aside Sh1.6 billion to support early childhood education..  PICTURE | FILE: NATION
Finance minister Njeru Githae (pictured) said the government plans to hire 10,000 additional teachers and has set aside Sh1.6 billion to support early childhood education.. PICTURE | FILE: NATION 

The tax measures highlights:

  • Duty on galvanized wire raised from zero to 10 per cent;
  • Duty on imported converters of analogue to digital TV’s and ICT software removed;
  • Duty on food supplements reduced from 10 per cent to zero;
  • Duty remissions to producers of food supplements for use by infants and Persons Living with Hiv/Aids;
  • Duty exemption for importers of inputs for apiculture (bee-keeping).
    Real estate: Kenya Revenue Authority to embark on residential areas mapping so that all landlords are rope in for tax collection on rental income;
  • No tax exemption for State Officers;
  • New VAT bill to simplify and modernize taxation;
  • Review of valuation method on taxation; of imported second hand clothes’ and other administrative tax measures
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