Tax reliefs to last until Covid crisis ends: Yatani

KRA offices in Nairobi. The IMF had urged the government to reinstate the higher taxes once Covid-19 eases. FILE PHOTO | NMG

The government has bowed to pressure from the International Monetary Fund (IMF) and agreed to do away with income tax, value-added tax and sales levy cuts that were introduced during the Coronavirus disease pandemic.

Treasury Secretary Ukur Yatani on Wednesday told Parliament that once the Covid-19 pandemic ends, the government will have to review the tax breaks so as to close the gap between the Budget and expected revenues estimated at Sh840 billion.

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