Kenya VAT changes
- Jun 11, 2015 | Richard Asquith
The new 2015/16 budget for Kenya includes a number of VAT changes, including:
- Good in transit will be nil rated instead of exempt from VAT, meaning input suffered will be recoverable
- VAT credits in returns will be refundable within 12 months of application
- Goods provided for the construction of capital works in industrial estates will now be exempted
The current Kenyan VAT rate is 16%. There is no reduced rate, but there is a nil rate and zero rating.
Latest Kenyan news
October 10, 2016
Kenya has reintroduced its withholding VAT, backdated it to 19 January 2016. The measure, designed to prevent VAT evasion...
June 12, 2015
The new 2015/16 budget for Kenya includes a number of VAT changes, including: Good in transit will be nil rated instead of exempt from VAT,...
November 22, 2014
Kenya has updated the guidelines on its withholding VAT regime. Withholding VAT was introduced in 2003 as an anti-fraud measure....