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Reduction of 3% Housing Levy to 1.5 % and 15 % Withholding Tax on Digital Content Creation to 5% are among the main concessions in The Ammended Finance Bill 2023 that was tabled in Parliament. However, Kenyans will have to contend with the unchanged 16% increment in Value Added Tax on Petroleum products.
Finance Bill | Small traders with low turnover exempted from taxation
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