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Originally published by Capital Business
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business
June 4, 2026
12h ago

KRA forgoes Sh9.1bn in taxes to cushion consumers from fuel price surge

KRA forgoes Sh9.1bn in taxes to cushion consumers from fuel price surge

KRA Commissioner for Customs and Border Control Dr. Lilian Nyawanda further revealed that taxes amounting to Sh5.1 billion paid by various Oil Marketing Companies through the principal importer of the MT PALOMA cargo will be transferred to customs declarations associated with sub..

✨ Key Highlights

The Kenya Revenue Authority (KRA) has waived Sh9.1 billion in taxes over two months to shield consumers from escalating fuel prices. This measure follows the government's decision to slash Value Added Tax (VAT) on petroleum products.

  • Forgone tax revenue: Sh9.1 billion
  • Involved organization: Kenya Revenue Authority (KRA)
  • Key contributing factor: Reduction of VAT on petroleum products from 16 percent to 8 percent

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