Suspension of 16% VAT on Fuel: Delaying the Pain?
1,852 views · Published 6 September 2018 · 4:41 · Indexed 29 September 2026
Channel: Africa Uncensored · 2018 · News & Politics
The High Court, sitting in Bungoma, has temporarily suspended the implementation of the 16% Value Added Tax (VAT) on petroleum products following a petition filed by youth in Bungoma county. This provides a temporary reprieve to all Kenyans who were coming to terms with the taxation hike that went into effect at the start of September. Given the amount of debt the country has accrued and which the additional funds raised from the increased taxes were supposed to plug, in the wake of a budget deficit, is Kenya just postponing the inevitable? Watch, share and engage us on our social media pages: Twitter: https://twitter.com/AfUncensored Facebook: https://www.facebook.com/Africa-Uncensored-1669809183236311/ Instagram: https://www.instagram.com/afuncensored/ Visit our website http://africauncensored.net/ for more
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