Install Palscity app
The weekend is finally here but more importantly, the Holy Sabbath.
Happy Sabbath to you all
#SabatoNjema
VAT regime across board 16%
Import Duty ......,..........,..,..25%
Imports Exercise Tax....... 20%
Capital Gains Tax............. 5%
Annual Turnover Tax .....,...3%
Bank Transaction tax .......20%
Fuel VAT............................. 8%
Housing Levy ..................1.5%
ERC Power Levy ................5%
Robinhood Tax .................0.5%
Mpesa Exercise Duty .,.....15%
Corporate Profit Tax .........35%
Railway Levy ....................1.5%
PAYE ................................. 30%
Dividend Tax....................... 5%
Advanced Tax ......................3%
Withholding Tax ..........5% - 25%
Chocolate consumption tax.20%
"You either pay or leave the country."
Ebu - digest that list of taxes in our mother land....very sad moment for the common mwananchi...Your salary is taxed up to 30%. Now withdrawing that money which is already taxed from your account will be taxed 20%. You use the money to buy fuel and you pay 8% VAT. You talk on phone using airtime bought by already taxed money and you get taxed 15% ,you buy household goods by the already taxed money and get taxed 16% VAT. Is it me who doesn't understand or we are taxed over and over again on the same money different taxes? Welcome to my beloved KENYA!
The boy child needs to be considered too. We have given girls more attention at the expense of the baby boy. It's time we lobby for#BoyChildRights as well.