Treasury gazettes reduction of VAT to 14% after Uhuru directive

In Summary

•Uhuru on Wednesday said all ministries and departments have also been directed pay Sh13 billion worth of verified pending bills within three weeks

VAT
VAT

The government has gazetted the reduction of VAT from 16 to 14 per cent, following President Uhuru Kenyatta's directive.

 Uhuru on Wednesday directed the National Treasury to reduce VAT effective April 1, 2020.

In the notice dated March 26, Treasury CS Ukur Yattani said that Section 5 of the value added tax act be amended by deleting the words "16 percent and substituting it with 14 percent".

 

During the presser, Uhuru further said that all ministries and departments have also been directed pay Sh13 billion worth of verified pending bills within three weeks

Uhuru said there will be a reduction of Pay As You Earn deduction from 30 percent to 25 per cent.

In the notice, Interior CS Fred Matiang'i also gazetted the dawn to dusk curfew as directed by the president.

Uhuru said to curb the spread of the coronavirus, Kenyans will not be allowed outside their homes as from 7pm to 5am.

Kenya has confirmed 31 coronavirus cases with one recovery.

Out of the 47 counties in Kenya, those affected are Nairobi, Mombasa, Kajiado, Kilifi and Kwale.

A total of 123  of 1,029 close contacts have been discharged after completing the 14 day quarantine period.

 
 

The government also announced that testing will be scaled up.