C
Originally published by Capital Newstop
April 14, 2026
10h ago
Gov’t Cuts Fuel VAT To 13pc, To Utilise Sh6.2 From The Petroleum Development Levy To Cushion Consumers
NAIROBI, Kenya, Apr 14- The government has reduced Value Added Tax (VAT) on petroleum products from 16 percent to 13 percent and committed Sh6.2 billion - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
The Kenyan government has reduced Value Added Tax (VAT) on fuel and will utilize funds from the Petroleum Development Levy (PDL) to cushion consumers from rising global oil prices.
- VAT on Super Petrol, Diesel, and Kerosene cut from 16% to 13%.
- Sh6.2 billion from the Petroleum Development Levy (PDL) Fund will be used to stabilize prices for the period April 15 to May 14, 2026.
- The Energy and Petroleum Regulatory Authority (EPRA) implemented the measures amid significant increases in the landed cost of imported petroleum products.
Continue Reading
Read the complete article from Capital News
Advertisement
Advertisement