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country-icon Kenya

10.20.23

Proposal to increase VAT rate to 18%

A 2% increase of the VAT rate has been proposed in Kenya for the period 2024-25 and 2026-27. This would mean the standard VAT rate of 16% would increase to 18%.

The increase should support funding the major plans of the government. Moreover would an increase to 18% be in line with the VAT rate of the neighboring countries.

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