×
The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Tax experts, bankers and financial inclusion advocates in Kenya are expressing concern about the proposed implementation of value-added tax (VAT) on various banking services contained in the Finance Bill 2024.
The Kenya Bankers Association (KBA) said the new proposal will mean the outlined financial services will attract a VAT charge of 16 per cent if the Finance Bill 2024 is enacted, putting more financial burden on the bank customer.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join