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Kenyan taxation system. Kenya's taxation system covers income tax, value-added tax, customs and excise duty. The regulations are governed by independent legislators that govern the taxation system, the main legislator, the Kenya Revenue Authority (KRA) has different sections that deal with the above taxes while also having the authority to ...
The hut tax was a form of taxation introduced by British in their African possessions on a "per hut" (or other forms of household) basis. It was variously payable in money, labour, grain or stock and benefited the colonial authorities in four interconnected ways, by raising money; supporting the economic value of the local currency (and colonially controlled); broadening the newly introduced ...
This value can be measured by the ground rent that a piece of land receives on the market. The present value of ground-rent is the basis for land prices. A land value tax (LVT) will reduce the ground rent received by the landlord, and thus will decrease the price of land, holding all else constant. [citation needed]
Kenya's President William Ruto says the country will have to borrow more to keep the government running following the rejection of a hugely unpopular finance bill that was going to raise more ...
NAIROBI (Reuters) -Kenya's government plans to cut 2024-25 spending by 1.9% and widen the fiscal deficit to 3.6% of GDP in a revised budget, the treasury said, weeks after it was forced to roll ...
NAIROBI, Kenya (AP) — Thousands of mostly young people demonstrated Thursday in Kenya’s capital and across the country against new tax proposals by the administration of President William Ruto ...
Kenya School of Revenue Administration (KESRA) is the Kenya Revenue Authority’s premier training school specializing in Tax and Customs Administration, Fiscal Policy and Management. The School is one of the only four World Customs Organization (WCO) accredited Regional Training Centres (RTCs) in Africa.
The Kenya Finance Bill protests, widely known by hashtag #RejectFinanceBill2024, or Gen Z protests, are a series of ongoing decentralized mass protests in Kenya against tax increases proposed by the Government of Kenya in the Finance Bill 2024. [ 11] Following the storming of the Kenyan Parliament, president William Ruto reportedly rejected the ...