No new taxes, just reforms as Mbadi unveils Sh30bn revenue plan in 2025 budget

NAIROBI, Kenya, June 12 – National Treasury Cabinet Secretary John Mbadi has assured Kenyans that the Finance Bill 2025 will not introduce any new taxes Kenya breaking news | Kenya news today |

No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget

The Bill also includes sweeping amendments to streamline tax administration and support economic recovery. Among the key proposals is the reduction of the digital asset tax from 3 percent to 1.5 percent, aimed at encouraging broader participation in virtual asset trading, particu

KRA Introduces New Way of Filing Taxes as Deadline Nears

Kenyans have been encouraged to use the platform and remain compliant to avoid any penalties.

DP Kindiki: We Won’t Burden Kenyans with New Taxes

DP Kindiki said the govt is aware of the plight of Kenyans who have pleaded for reduction of the cost of living through friendlier financial policies. - Kenya breaking news | Kenya news today | Capitalfm.co.ke

S. Korea’s tax revenue rises in January-April

SEOUL, June 12 (Xinhua) -- South Korea's tax revenue rose for the first four months of this year on higher corporate and income taxes, government data Kenya breaking news | Kenya news today |

No additional taxes, we must tighten our belts; Kindiki says on Finance Bill 2025

Deputy President Kithure Kindiki outlined the fiscal discipline to be imposed across all levels of government.

How KRA Plans to Increase Tax Compliance in Private Sector

KRA is on a mission to expand the taxpayer base from the current 9 million to 13 million by 2027.

UK economy shrank in April as tax rises and US tariffs kicked in

JUNE 12 - The UK economy shrank by more than expected in April as taxes increased for businesses, household bills jumped and exports to the US plunged. Kenya breaking news | Kenya news today |

Car importers sound alarm over KRA's sharp valuation hikes

Importers of used cars are concerned about the possible rise in taxes on imported used cars, effective July 1 this year.

Ukraine brings home bodies of 1,212 soldiers killed in war with Russia

In Moscow, Kremlin aide Vladimir Medinsky said Ukraine for its part had returned 27 bodies of Russian soldiers.

Wamuchomba warns of hidden taxes in Finance Bill 2025

Ukrainian woman searches for husband lost in action two years ago

Holding up a photograph of Dmytro Pylnyk, lost in action in early 2023, she has many questions. What happened to his unit when it was ambushed by Russian forces? Was he captured by Russia? Could he ev...

Taxman loses Sh13b to rising VAT fraud

KRA has raised the alarm over a sharp rise in VAT fraud involving nil and non-filers, revealing that it lost an estimated Sh13 billion in revenue between April 2024 and July 2025.

KRA Explains How Taxpayers Can Get off Blacklist

Taxpayers have been warned that entering into the blacklist positions them for tough consequences.

Business leaders warn taxes on inputs impede local production

The captains of industry say the country’s competitiveness has been eroded due to numerous taxes on raw materials.

MPs Raise Alarm Over Taxes

The taxes have reduced Kenya's competitiveness in trade.

Russian attack on Ukraine's Kharkiv kills three, wounds 22

One of Ukraine's largest cities, Kharkiv, is located just a few dozen kilometres from the Russian border and has been under constant Russian shelling for more than three years of war....

Car importers fault KRA's new car valuation, says will cripple the industry

The Car Importers Association of Kenya (CIAK) has rejected the proposed revision of the retail selling prices of imported used motor vehicles by the government.

Three killed, 49 wounded in intense Russian air attacks on Ukraine

The attacks followed a warning from Russian President Vladimir Putin, conveyed via U.S. President Donald Trump, that the Kremlin would hit back after Ukrainia...

KRA defends new car valuation, says 2019 price list outdated

KRA defends new car valuation, says changes reflect rising market trends and that 2019 prices are outdated; missing models to be updated.

KRA defends new pricing template that raises car import duty costs

Beginning July 1, 2025, KRA will implement a revised CRSP framework, which has almost doubled the import duty prices for several car models, while some have received a significant reduction....

KRA Clarifies New Car Prices For Imported Second-Hand Vehicles

The clarification follows the new Current Retail Selling Price (CRSP) for imported second-hand vehicles effective July 1.

KRA clarifies new vehicle valuation list after six-year hiatus

NAIROBI, Kenya, June 6 — The Kenya Revenue Authority (KRA) has clarified its implementation of a revised Current Retail Selling Price (CRSP) list for used Kenya breaking news | Kenya news today |