Airtime, Electricity Bill, Safaricom Home fiber, TV subscription and among other basic commodities To Shoot Up effective 1st Jan 2021 as Kenyans usher in the new year.
This is after the Value Added Tax relief that the Government had announced in April 2020 expires, effectively increasing VAT from 16 percent to 18 percent.
The National Treasury, in early December 2020, announced that a majority of tax relief that was necessitated by the Covid-19 pandemic will cease to apply on January 1.
The new tax regulations were passed by parliament and approved by President Uhuru Kenyatta.
