People Daily | by People Team
Business Membership Organisations (BOMs) in the country have petitioned the government to stay the planned implementation of minimum tax slated to begin January 1.
Beginning January, all businesses earning above Sh50 million annual gross income will be required to remit one per cent of the income to Kenya Revenue Authority (KRA) as minimum tax.
Speaking on behalf of the organisations when she appeared before National Assembly Departmental Committee on Finance and Planning, ICPAK chairperson, Rose Mwaura, said…
