The Bakers Association of Kenya(BAKE) wants the government to reconsider plans to introduce 16 per cent VAT on ordinary white bread. This new tax will further hurt the sector,” said BAKE and the bakers sub-sector of the Kenya Association of Manufacturers in the appeal. A large portion of Kenyans rely on bread to feed themselves and their families. According to BAKE, the introduction of the 16 per cent VAT on bread will increase the average price of bread by approximately Sh8 making it unaffordable to many Kenyans. Bread manufacturers in February had to increase the ex-factory price of bread after many years due to increases in world wheat and other raw materials.
Source: The Star May 21, 2021 01:18 UTC