Car dealers decry new KRA tax formula

Imported cars at a yard in Mombasa. Photo | Kevin Odit | NMG

Car importers in the country have written to the taxman demanding suspension of the new Current Retail Selling Price (CRSP) that they say will lead to increased cost of second hand vehicles.

In a letter dated January 30, Car Importers Association of Kenya (CIAK) chairman, Peter Otieno, said the Kenya Revenue Authority (KRA) made the decision without involving them.

PAYE Tax Calculator

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