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Originally published by Capital Businessbusiness
June 1, 2026
3h ago
VAT exemption to lower sugarcane transport costs in 2026 Finance Bill
Under the proposed changes, selected supplies will be shifted from zero-rated Value Added Tax status to VAT-exempt status. This includes sugarcane transport services, which will now be fully exempt from VAT. Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Finance Bill 2026 proposes shifting sugarcane transport services from zero-rated to VAT-exempt status, aiming to significantly reduce costs for farmers and transporters.
- Sugarcane transport services will become fully VAT-exempt.
- The reform involves the Kenyan government and benefits sugarcane farmers and transporters.
- This initiative is part of wider reforms to revive Kenya's financially strained sugar industry and enhance its competitiveness, with a focus on diversification into areas like ethanol and renewable energy production.
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