Kenya Budget Statement for 2022/23

Kenya's National Treasury has published the Budget Statement for 2022/23, which was delivered to the National Assembly on 7 April 2022. Tax policy measures announced as part of the statement include:

• VAT exemptions for:
  • plant and machinery used by manufacturers of pharmaceutical products;
  • medical oxygen supplied to registered hospitals, urine bags, adult diapers, artificial breasts, and colostomy or ileostomy bags for medical use;
  • inputs and raw materials used in the manufacture of passen…