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State, counties in deal to spare SMEs from levies
PS Housing Charles Hinga (right), KRA Deputy Commissioner Policy and Tax Advisory Caxton Masudi (Centre) and Secretary General Leather Apex society of Kenya Beatrice Mwasi during the Nation Media Group’s SMEs expo. NMG PHOTO
The national government is working with counties to cut cess and levies charged to small and medium-sized enterprises (SMEs) with the aim of harmonising regulations to reduce costs and make it easier for small entities to thrive.
Interior Secretary Fred Matiangi said Monday that multiple taxes across the 47 counties were eating into the margins of SMEs and blunting their ability to grow and create jobs.
