Jul
Kenya VAT Changes
The authorities in Kenya have announced that they are to introduce a range of changes to its VAT regime as per its new Finance Bill 0f 2019/2020
The changes includes the following:
- Rate of withholding VAT will be reduced down to 2% from the current 6%
- Foreign supplies to consumers by foreign digital marketplaces will be liable to VAT
- A range of supplies will be exempted from VAT, including commercial batteries; IT infrastructure and equipment