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July 8, 2025
1mo ago

Govt Introduces New Monthly Levy Payable to KRA

Govt Introduces New Monthly Levy Payable to KRA

The new levy should be remitted by the tenth day of each month...

✨ Key Highlights

The Ministry of Agriculture has introduced a new Sugar Development Levy that took effect on July 1, 2025, requiring millers and sugar importers to pay 4 percent of the ex-factory price or the cost, insurance, and freight (CIF) value of sugar. The Kenya Revenue Authority (KRA) will collect this levy monthly.

  • The levy is set to generate an estimated Ksh4 billion annually for the sugar industry.
  • Mutahi Kagwe, the Agriculture Cabinet Secretary, emphasized the importance of this levy for industry stability.
  • 40 percent of the investment will be directed towards cane development programs, with funds allocated for road rehabilitation and factory upgrades.

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