Kenyan Government Faces Massive Revenue Shortfall Despite Increased Taxes and Citizen Frustration on Nostr: Kenyan Government Proposes Tax Amendments to Include Online Businesses and ...
Kenyan Government Proposes Tax Amendments to Include Online Businesses and Freelancers
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#fdc7bb54 ver:0.14
The Kenyan government is proposing tax amendments to include online businesses and freelancers, aiming to increase tax collections from the digital economy. The Finance Bill 2024 will define a digital marketplace and tax income earned through platforms like Remotasks and Upwork. This move comes as the government faces economic challenges and a projected revenue shortfall. However, critics argue that increasing taxes has led to low purchasing power and suggest reducing taxes to stimulate economic activity. Meanwhile, in South Africa, citizens express frustration with the government's failure to provide adequate services despite collecting taxes. #Kenya #taxes #economy #digital #SouthAfrica...
#newstr #KenyanGovernment #TaxCompliance #KenyaRevenueAuthority #TaxCollection #FinanceBill2024 #DigitalEconomy #OnlineBusinesses #Freelancers
https://here.news/story/fdc7bb54?ver=0.14
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#fdc7bb54 ver:0.14
The Kenyan government is proposing tax amendments to include online businesses and freelancers, aiming to increase tax collections from the digital economy. The Finance Bill 2024 will define a digital marketplace and tax income earned through platforms like Remotasks and Upwork. This move comes as the government faces economic challenges and a projected revenue shortfall. However, critics argue that increasing taxes has led to low purchasing power and suggest reducing taxes to stimulate economic activity. Meanwhile, in South Africa, citizens express frustration with the government's failure to provide adequate services despite collecting taxes. #Kenya #taxes #economy #digital #SouthAfrica...
#newstr #KenyanGovernment #TaxCompliance #KenyaRevenueAuthority #TaxCollection #FinanceBill2024 #DigitalEconomy #OnlineBusinesses #Freelancers
https://here.news/story/fdc7bb54?ver=0.14