New tax template for imported second-hand cars set for July

Imported second-hand vehicles at a yard in Mombasa in this photo taken on January 15, 2019.

Photo credit: File | Nation Media Group

The Kenya Revenue Authority (KRA) is set to publish a new template for taxing imported second-hand cars by July this year, as it moves to quell disquiet from dealers over inflated duty and legal hitches in the current schedule.

A team of officials from KRA and the motor vehicle sector is reviewing the Current Retail Selling Price (CRSP) of 2019 in a bid to incorporate new models and global best practices on determining duty for imported cars.

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