Is there a word missing or are they taking credit? There is a word or letter missing. Definitely. I think.ONLINE transactions to now attract a 1.5pc digital tax as govt goes after growing e-commerce in the country. #
what are the implications of this?
Si hio ya KCPE KCSE tuliskia 2yrs ago.Treasury Secretary Ukur Yatani has presented his Sh2.7 trillion Budget for the year starting July 1, outlining the spending plans, including the taxation measures to finance the proposals.
The budget includes a stimulus package to jumpstart an economy ravaged by the Covid-19 pandemic.
Here are some of the highlights:
SMES: Treasury CS has directed ministries, departments and agencies to clear all pending bills failure to which funding will be withheld.
EDUCATION: The Government has waived examination fees for KCSE and KCPE candidates.
DIGITAL: Online transactions to now attract a 1.5 percent digital tax as govt goes after growing e-commerce in the country.
DEBT: “Our debt remains sustainable, despite some of the debt burden indicators deteriorating due to the impact of the Covid-19 pandemic which has elevated expenditure pressure,” CS Ukur Yatani said.
It's hard smallWhat is the definition of online transactions? Does RTGS, MPesa, Swift, count as online transactions?
In which case, then we go to the good old cash system.
@Headteacher do you know how much money gets transferred in real hard cash disguised as parcels by courier companies every day? Hizo EFT taxes wataonea viukesho...It's hard small
Are you saying hivi karibuni nitege gari moja ya parcel na msedes@Headteacher do you know how much money gets transferred in real hard cash disguised as parcels by courier companies every day? Hizo EFT taxes wataonea viukesho...
Can't happen coz you do not know which one to trip...that's the problem. But it is happening big time.Are you saying hivi karibuni nitege gari moja ya parcel na msedes
true- Electronic services such as downloadable and subscription-based digital content such mobile applications, e-books and movies, news, magazines, journals, streaming of TV shows and music, podcasts and online gaming will attract 14 percent VAT under the draft guidelines. This one will be very hard to implement.Apparently it is 14%. 1.5 ni withholding. Gatheca atatutoa pesa kwa mfuko ajenge Northland city by force.