Gamblers will give more money to the taxman from every betting stake in line with legal changes that were signed into law this month, marking the latest push by the State to cut the gambling craze.
Punters will now forfeit 15 percent of every betting stake, up from 12.5 percent in line with the Tax Laws (Amendment) Act, 2024 that became law last week. This means that for every Sh100, the Kenya Revenue Authority (KRA) will take Sh15 from the current Sh12.5.
