Workers, households and businesses are staring at a tough new year after MPs voted to end income and value-added tax cuts imposed to cushion Kenyans from the impact of the coronavirus crisis.
This will see workers earning more than Sh50, 000 monthly take a cut on their net salaries after the Treasury widened the income tax bands to soften the blow from withdrawal of reliefs introduced in April to cushion households and businesses from the economic shocks of the Covid-19 pandemic.
