Treasury told to clarify VAT law
17 September 2013, 12:54
Nairobi - Treasury has been directed to publish regulations clarifying the new VAT law to stop unscrupulous traders from exploiting consumers.
Speaking in Nairobi on Tuesday, President Kenyatta said clarity about the law will block traders from overcharging Kenyans adding that basic commodities like milk, flour and bread are exempted from tax, Daily Nation reports.
He said the implementation of the law will simplify the tax regime, cushion the poor and increase revenues for the government.
- For more visit Daily Nation
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