Why we need predictable and stable tax policies in Kenya

The government wants to introduce value-added tax (VAT) on insurance services. FILE PHOTO | SHUTTERSTOCK

The importance of predictable and stable policies in driving the realisation of a country’s socio-economic goals cannot be over emphasised.

One of the key elements on this front is taxation, which is fundamental for any government to raise revenue. It is through taxation that the government works towards the efficient provision of public goods and services.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.