Used car dealers sue KRA over new tax calculation

Some of the recently imported second-hand cars at the port of Mombasa on April 8, 2022.

Photo credit: File | Nation Media Group

Car Importers Association of Kenya (Ciak) has sued Kenya Revenue Authority (KRA) over the agency’s new motor vehicle price list that will form the basis for collecting taxes on used models arriving in Kenya from July 1.

The taxman recently updated the Current Retail Selling Price (CRSP) which forms the basis for levying six taxes including excise and import duty after depreciation.

PAYE Tax Calculator

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