Kenyan businesses and consumers are staring at a fresh round of tax increases as measures approved in the 2022 Finance Act kick in this week, adding to the pain of inflation that has pushed up the cost of living to a five-year high.
The Kenya Revenue Authority (KRA) has also moved to the Supreme Court to challenge a ruling by the lower courts blocking the implementation of the mandatory one percent gross turnover minimum tax, as it lays the ground to hit the Sh2.1 trillion tax target.
