Kenya Announces Widespread Tax Cuts to Ease Virus Impact

President Uhuru Kenyatta in a speech on national TV announced a series of measures to ease the impact of the coronavirus and free up cash to manage the outbreak, including a VAT reduction and tax relief for businesses and individuals.

• National Treasury is preparing immediate tax relief for individuals and businesses including:
  • Reduction of maximum income tax rate or Pay As You Earn tax to 25% from 30%
  • Reduction of corporation tax to 25% from 30%
  • Sales tax rate to be cut to 1% from 3% currently for micro, small and medium businesses
  • Value Added Tax to be cut to ...