Kenyan Wall Street | by Mwakaneno Gakweli
The Kenya Revenue Authority has waived Presumptive tax for new businesses for the first 24 months to simplify tax payments and ease business costs.
A notice from the Authority shows that it will waive the Single Business Permit for businesses in Nairobi County. The changes on the presumptive tax charged on 15% value of a single business permit will affect businesses with turnover below Ksh 5 million…
