New taxes on beer, water to take force on October 1
A beer production line at EABL. The prices of some goods, including beer, bottled water, and juice, could rise from October 1 as KRA moved to effect annual inflation tax adjustment on excise duty charged on the products.
The prices of some goods, including beer, bottled water, and juice, could rise from October 1 as the Kenya Revenue Authority (KRA) moved to effect annual inflation tax adjustment on excise duty charged on the products.
The taxman Thursday indicated excise duty on the products will increase by 6.3 per cent effective next month in line with average annual inflation.