New tax measures spell doom to households using cooking gas - News Summed Up

New tax measures spell doom to households using cooking gas


ALSO READ: Come, Kenya’s stable, Uhuru urges investorsThis could work against the government’s move to offer cheaper cooking gas to Kenyans as way of promoting green energy. The Bill dubbed the Tax Laws (Amendment) Bill, 2018, is proposing to introduce some provisions and amendments in the Income Tax Act, Value Added Tax Act and Stamp Duty Act. LPG, or cooking gas, has become common among Kenyan households, especially those in urban areas, as people move away from using the traditional, unsafe and unclean energy sources such as firewood and kerosene while embracing gas. PIEA General Manager Wanjiku Manyara in a past interview said the lobby has tried petitioning Treasury to consider treating cooking gas favourably in whatever tax measures it took, to make the commodity more affordable to Kenyans and boost the use of gas. If the Bill passes through, equipment used in the filling and storage of cooking gas will now accrue VAT and make it expensive.


Source: Standard Digital April 23, 2018 09:45 UTC



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