Kenya: Flower farmers want tax-relief measures extended

The Kenya Flower Council (KFC) wants the government to review its decision to end Covid-19 tax relief measures starting January.

The flower farmers lobby group wants the measures extended to the end of next year expressing concern that the gains made in revivingĀ  the sector could be eroded and lead to massive losses.

Last week, National Treasury Cabinet secretary Ukur Yatani announced that the tax relief measures would come to an end with VAT back to 16 percent from 14 while corporate tax would be at 30 from 25 percent.

According to the Council CEO Clement Tulezi, a higher VAT rate would have a direct impact on the sector which is still on its knees.

Read more at The Star (George Murage)

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