Farmers, small traders faced with upfront tax in compliance drive

Traders selling Second-hand clothes. FILE PHOTO | NMG

The Treasury is eyeing a creditable withholding tax on all imports at a minimal rate of the value as it targets to rope in more farmers and informal traders into the tax net.

It says players in these sectors remain highly invisible to the taxman.

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