Taxes on sale of beer, fuel, cosmetics post a rare fall

MAKEUP PRODUCTS(2)

Tax revenues from cosmetics among other items posted a decline according to KRA figures blamed on high taxes.

Tax on production and importation of alcoholic drinks, fuel, cigarettes, cosmetics and cars have posted a rare drop, pointing to low volumes on increased taxation.

Latest Treasury disclosures show revenue from excise duty, including road maintenance levy (RML), petroleum development levy (PDL) and electricity levy, fell marginally for the first nine months of the financial year ending this month.

PAYE Tax Calculator

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