Why scrap metal dealers are happy with 1.5pc withholding tax proposal
Kenyan scrap metal dealers are preparing for a new 1.5 percent withholding tax on sales starting in July under the Finance Bill 2026. The article discusses the broader economic context of tax reforms and their impact on local industries.
Why it matters
Tax policy changes significantly affect small-to-medium enterprises and the informal economy in developing nations.
Scrap metal dealers weigh iron sheets in Mukuru kwa Njenga slum, Nairobi. [File, Standard] Scrap metal dealers will be required to pay a 1.5 per cent withholding tax on sales from July if the Finance Bill 2026 is passed. Premium Article Get Full Access for Ksh299/Week. Uncover the stories others won t tell. Subscribe now for exclusive access. 🔥 Flash Sale ! Subscribe now and enjoy 50% off monthly and annual plans. Offer ends in…
The article reports on a government policy and includes industry reactions without taking a strong editorial stance.
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