T
Originally published by The Standard Business
📰 Read Full Article
June 9, 2026
4h ago

Scrap metal dealers welcome 1.5pc withholding tax proposal

Scrap metal dealers welcome 1.5pc withholding tax proposal

Scrap metal dealers will be required to pay a 1.5 per cent withholding tax on sales from July if the Finance Bill 2026 is passed...

✨ Key Highlights

Scrap metal dealers in Kenya are set to face a new financial regulation if the Finance Bill 2026 is passed, requiring them to pay a withholding tax on their sales.

  • A 1.5 per cent withholding tax will be imposed on sales.
  • The new tax is targeted at scrap metal dealers.
  • The proposed tax is expected to come into effect from July.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article
Advertisement
Advertisement