Mixed bag for alcohol manufacturers in tax changes

Chairperson National Assembly Finance and National Planning Francis Kuria Kimani during the session at the County Hall Nairobi on June 11, 2024.

Photo credit: Dennis Onsongo | Nation Media Group

The Parliamentary Finance and National Planning Committee has recommended a mixed bag of tax measures on alcohol manufacturers amid concerns about the negative impact some of the rules would have on the businesses.

On the positive side, the committee led by the Molo MP Kimani Kuria, handed the local alcohol manufacturers some reprieve after it allowed them to claim excise duty refunds on inputs such as ethanol and glass used for manufacture, a proposal that is likely to increase the cost of liquor, especially locally manufactured spirits, should it be passed.

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