VAT Bill: Food Prices May Rise With New Law



Author:
NTVKenya
Publisher:
NTVKenya
Publication Date:
8 August 2012
Tags:
Economy, Business and Finance, Kenya

The Value Added Tax Bill has yet another supporter. Tax auditor and consultant RSM Ashvir says the bill is an excellent idea and will do great things for Kenya. However, the firm says that although they will be lobbying for the bill to be passed, they would like to see some amendments made, such as removing VAT on food.