Gas prices to hit 6-year high today on new tax

gas

LPG vendor in Nyeri. FILE PHOTO | NMG

Cooking gas prices will today hit a six-year high after the Treasury reintroduced a 16 percent value added tax (VAT) on the commodity, adding to the pain of costly energy like fuel and electricity.

Households will pay at least Sh350 more for the 13-kilogramme cooking gas that is expected to retail at Sh2,600 on average — a price level last seen in March 2015.

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