Date set for reversal of corona tax cuts


Business Daily | by John Mutua

Income tax, value-added tax and sales levy cuts imposed to cushion workers, households and businesses against the Covid-19 pandemic have been extended beyond December even as bars are allowed to resume operations as part of phased re-opening of the economy.

President Uhuru Kenyatta announced Monday workers would continue enjoying a maximum Pay As You Earn (Paye) income tax rate of 25 percent instead of the normal 30 percent until January 2021…

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