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Kenya's 2025 Finance Bill: Treasury Considers Retaining Current Tax Rates for Upcoming Budget

2025-02-15
Kenya's 2025 Finance Bill: Treasury Considers Retaining Current Tax Rates for Upcoming Budget
Tuko on MSN.com

The Kenyan Treasury is mulling over the idea of retaining existing tax rates to fund the 2025/2026 budget, indicating a strategic move to maintain revenue streams without imposing new taxes on citizens. This approach aims to promote economic stability and sustain growth. By retaining current tax rates, the government seeks to balance its financial obligations while avoiding additional burdens on taxpayers, thereby supporting the country's economic development and tax reform efforts, including fiscal policy and budget planning.

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