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Business

How new January taxes will hit firms, consumers

How new January taxes will hit firms, consumers
Economy

How new January taxes will hit firms, consumers


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GRAPHIC | GENNEVIEVE AWINO | NMG

The implementation of the controversial Finance Act 2023 enters its third phase this month, with the government seeking improved income tax compliance by businesses and landlords.

The tax measures that came into effect on January 1 are mostly aimed at ensuring tax compliance and might not be as painful as those enforced from July/September 2023 that have rattled consumers.

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