Nation | by Brian Ambani
Small-scale traders have petitioned the government to reduce taxes to help them to survive the Covid-19 pandemic hardships.
Stakeholders at the just concluded annual Nation Media Group SMEs Expo and Conference raised concern that taxation is sinking the fortunes of Small and Medium-sized Enterprises (SMEs).
Traders who make revenues of between Sh1 million and Sh50 million in a year are required to pay a Turnover Tax, which is charged at 1 per cent of the gross sales the business makes each month…
