Govt plans VAT cut to 8pc to ease fuel prices

The Head of State said the VAT will be lowered to 8 percent within the next three months as part of efforts to stabilize pump prices. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenyan President William Ruto has announced plans to further reduce Value Added Tax (VAT) on petroleum products to 8 percent within the next three months, aiming to ease rising fuel costs for citizens.

VAT on petroleum products to be cut to 8 percent.
Key figure involved: President William Ruto.
Energy and Petroleum Regulatory Authority (EPRA) had previously reduced VAT to 13 percent, but fuel prices still rose sharply due to increased landed costs.

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