Clothes and car importers to pay KRA instantly

KRA headquarters at Times Tower in Nairobi. FILE PHOTO | NMG

Importers of a wide range of consumer goods - including food, used cars, alcohol, clothing and office supplies - will from August 12 be required to pay taxes immediately their cargo enters the country.

The Kenya Revenue Authority (KRA) has issued a notice that will eliminate use of bonded warehouses for these goods, meaning the benefits of delayed payments of taxes and stock management will soon disappear.

PAYE Tax Calculator

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