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Consumer tax pain in Rotich's Sh3trn budget

Treasury Cabinet Secretary Henry Rotich and Treasury's director of budget Geoffrey Mwau at a past event. FILE PHOTO | SALATON NJAU | NMG

By  Charles Mwaniki

Business Reporter

Nation Media Group

Treasury secretary Henry Rotich is expected to hit ordinary consumers and high-income earners hardest as he unveils new tax measures to finance his Sh3 trillion budget.

Mr Rotich has largely played his hand on the VAT law where he has used the Tax Laws (Amendment) Bill, 2018 to introduce new measures expected to yield billions of shillings in new tax revenues.

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Note: The results are not exact but very close to the actual.

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