×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Spirits maker says advance tax requirement hurting manufacturers

Vocalize Pre-Player Loader

Audio By Vocalize

When bars, hotel and liquor traders met in Nairobi raising concerns over increased taxes that are hurting the sector. [Samson Wire, Standard]

Local spirits manufacturing company London Distillers Ltd has raised concerns about recent tax measures targeting the alcoholic beverages industry, saying they are killing firms in the sector.

The company said it has given its full support to similar concerns raised recently by Kenya Breweries Ltd on the requirement to pay excise duty upfront and the increased taxation on spirits.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By AFP 5 hrs ago
Business
British Airways parent says Mideast war to hit annual profits
Business
Mpesa drives growth as Safaricom hits record Sh99.7b profit
Business
Kenya to spend nearly half of budget on debt servicing
Business
KDC roots for creative economy, innovation and youth-led enterprise growth