Tax

Center Party leader Elisabeth Thand Ringqvist proposes tax-free basic salary during speech in Almedalen

Thand Ringqvist proposes tax-free basic salary of 15,300 kronor

June 24, 2026 Reported by AI Image generated by AI

Center Party leader Elisabeth Thand Ringqvist presented a proposal during her speech in Almedalen to make the first 15,300 kronor per month tax-free.

Finance Act 2026 exempts banks from VAT on repossessed assets

The Finance Act 2026 signed by President William Ruto on June 23 exempts banks, SACCOs and other lenders from VAT on the sale of repossessed collateral.

Egypt's parliament approves VAT law amendments, cuts medical device tax to 5%

June 23, 2026 Reported by AI

Egypt's House of Representatives granted final approval on Tuesday to amendments in the Value Added Tax law. The changes reduce the tax on medical devices to 5 percent and introduce a schedule tax on natural gas.

Asia

Bank Jakarta offers vehicle tax payment service at Jakarta Fair 2026

Africa

Treasury reassures public on PAYE tax relief despite absence from budget

Africa

KRA to begin real time business transaction monitoring starting July 1

Minister Kagwe assures new tea tax will not affect farmers income

Agriculture Minister Mutahi Kagwe has assured tea farmers that the new 0.8 percent export tax will not reduce their earnings.

Ethiopia holds hearing on draft tax administration amendment

June 06, 2026 Reported by AI

A standing committee of Ethiopia's House of Peoples' Representatives held a public hearing on a draft tax administration amendment designed to modernize procedures and promote fairness.

Purbaya denies quota on tax restitution at KPP offices

Finance Minister Purbaya Yudhi Sadewa denied any limits on tax restitution payouts at local tax offices, following recent actions against officials and new rules on restitution processes.

KRA explains tax message mix-ups from recycled phone numbers

May 18, 2026 Reported by AI

The Kenya Revenue Authority has clarified why some Kenyans receive tax compliance messages addressed to unfamiliar names. The issue stems from phone numbers previously registered by other users. This comes amid a push to file annual returns before the June 30 deadline.

June 20, 2026 08:33