Owners of high-end vehicles will pay upwards of Sh400,000 for the annual motor car tax after the Treasury made a U-turn and removed the cap of Sh100,000 on the proposed tax.
Professor Njuguna Ndung'u while presenting the budget for the 2024/25 financial year did not mention the earlier proposal of an upper limit for the tax, setting up car owners whose units cost more than Sh4 million to pay higher tax.
