This archive report was first published on 7 November 2019.
On November 7, 2019, President Uhuru Kenyatta signed the Finance Bill 2019, marking a significant shift in Kenya Revenue Authority's (KRA) efforts to mobilize domestic revenue collection.
The new law brings digital transactions under taxation, a move aimed at increasing revenue from the growing digital sector.
Additionally, the informal sector has been brought into the tax bracket through the reintroduction of the turnover tax, which will be charged at 3 percent of a firm's revenues.
Low-income earners, including security guards, drivers, and cleaners, will also be subject to a 5% withholding tax.
Related articles include KRA Warns Landlords Against Tax Evasion and Francis Muthaura Gets Three Years as KRA Board Chairman.
