Finance Bill 2024 proposes a 16% vat on bread weighing 400g

Описание к видео Finance Bill 2024 proposes a 16% vat on bread weighing 400g

President William Ruto's administration aims to once again raid Kenyan taxpayers to fund its 2024 budget. The Finance Bill 2024 proposes sweeping changes that will among other things raise the cost of bread with the introduction of value-added tax on a staple that has been exempt. The planned raids also target car owners who will be subjected to a motor vehicle tax. Stephen Letoo breaks down the finance bill 2024 which yet again promises more pain for Kenyans.

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