How bonded warehouses will change car import taxes

DNCOASTCARS0804C

Imported used cars at the port of Mombasa on April 8, 2022. PHOTO | WACHIRA MWANGI | NMG

A multi-agency meeting on ease of doing business held in Mombasa on April 14 and co-chaired by Trade Cabinet Secretary Trade Moses Kuria and his Transport counterpart, Kipchumba Murkomen, resolved “to streamline and introduce bonded warehouses for imported used vehicle inspection”.

The move is part of the Ruto administration’s plan to ease the cost of doing business in Kenya with the Port of Mombasa being a key node in trade for the seven-nation East African Community bloc.

PAYE Tax Calculator

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