Tax collections in the period could have been higher had the State not halved VAT on fuel to eight percent in April 2026 to curb a sharp rise in pump prices.
By
John Mutua
Business Reporter
Nation Media Group
Vivo Energy accounted for nearly a quarter of the Sh278.6 billion in taxes and levies that oil marketers paid in the 10 months to April 2026, even as the overall fuel tax collections dipped because of a lowered Value Added Tax (VAT) rate on petroleum products.
This follows the reduction of VAT on fuel from 16 per cent to eight per cent as part of measures aimed at cushioning consumers…
Total collections rose by Sh90 billion, with the taxman saying this was a result of a change of strategy to tax administration…
The latest performance marks the fastest corporation tax growth in three years, accelerating from 9.8 percent in FY2024/25 and…
Wandayi said that every scheduled cargo had arrived and had been uploaded on time, and oil has remained available at the pump…
Wandayi said that every scheduled cargo had arrived and had been uploaded on time, and oil has remained available at the pump…
The government has extended by another three months the reduced 8 per cent Value Added Tax on petroleum products
