Kenya hits used car imports with more taxes, buyers to pay more

The Kenya Revenue Authority (KRA) has hit used car importers with a fresh round of tax increments after capping the maximum depreciation rate at 65 percent of the value of the vehicle from 70 percent previously.

Pamela Ahago, the acting commissioner for the Customs and Border Control department, instructed the KRA staff to apply a new depreciation rate schedule for cars effective Friday.