You are here:
  • SAS Knowledge Hub
  • Financing Barriers
  • An Analysis of the Provisions of the Proposed Finance Bill, 2020 and Various Sections that Impact the Off-grid Sector

An Analysis of the Provisions of the Proposed Finance Bill, 2020 and Various Sections that Impact the Off-grid Sector

Share this

 

The Kenya Renewable Association requested the support of ACE TAF to analyse initially the proposed Tax
(Amendment) Bill 2020 and subsequently the Finance Bill 2020 which was published on 5th May 2020.

In particular, the sector was apprehensive of the impact of the proposed removal of the Value Added Tax
(VAT) exemption on equipment for the development, generation and storage of solar equipment which
would see the introduction of the tax at a rate of 14%.

This analysis examines all the proposals that would impact a business within the off-grid sector whether
the impact is positive or negative.

Share this
Tags:
Was this article helpful?
Dislike 0 0 of 0 found this article helpful.
Views: 44
Previous:
Tetra Tech International Development
UKaid-logo

The Africa Clean Energy Technical Assistance Facility (ACE TAF) is managed by Tetra Tech International Development.

This website has been funded by UK aid from the UK Government; however, the views expressed do not necessarily reflect the UK government’s official policies.

© ACE TAF 2020. All Rights Reserved. Implemented by Tetra Tech International Development.