So pretty much 64.2% on top of your buying price and someone will take a loan on top of it to be able to afford this
Only fools buy new cars nowadays… the rest of us tunangoja loans ziwalemee and relieve of you of the suffering
KRA is one hand of the rulers of the country kumaliza wakenya kabisaa iwe they remain dynasties.
Option sasa ni kuimport kutoka tz ama?
KRA will tax until the taps become dry , you cannot try to fill a tub with multiple holes, its insane the kind of thinking we have in this country, you make it so difficult to operate a business, it closes down, the PAYE for the three employees you were getting disappears, you raise CRSP for cars, fewer cars are imported, your tax revenue falls , you increase tax bands, you decrease purchasing power for some folks, you reduce your VAT revenue, what bird brains are at work? African curse!
Option ni kuongea na country owners wakupatia one duty free import
Simply don’t buy new… ngoja mtu atumie for 1yr saa hizo amejaza extras and buy the car at a fraction.
Otherwise you gonna be paying premium
Hope you didn’t vote 3 times as you speak this truth
You impose a senseless curfew, you ban lyft pouches, ban shisha, you restrict codeine… then expect magically higher tax revenue year on year
Imagini
So you support BBI, inflated cost super projects and still worry about taxation?
I have never voted, I cannot vote if it does not make sense. I am sure that may irk some of you here, but its the simple truth, why would I wake up at 4am to make a line for something that will not make a difference? I wake up to pee at 4am and that makes a difference. Anyway, truth is relative.
Ukitaka gari tembea Kangundo Rd umoja/Komarock sides… Kuna deals for elders watu wameanika magari hizo bazaar
The difference is negligible. Remember b4 the duties take effect, the import price is always very low. Infact you can import one, use for 1 year then sell at the same price. The duties and taxes have been there since time immemorial. Only vehicle retailers inflate the prices to maximize profits.
Nothing new. Price in Japan is always equal to taxes + clearing charge in Kenya. Exchange rate is the big factor.
If a car lands at Mombasa at KSh. 100,000 from Japan
Import Duty makes is Kshs. 125,000
Excise Duty 20% of 125,000 = 150,000
VAT , 16 % of 150,000 = 174,000
Rail Development 1.5 % of 100,000 = 175,500
Import Declaration 2 % of 100,000 = 177,500
So it’s actually 77.5 %
alshabab ,without matusi you reason very well
taxes take the biggest cut, retailer margin averages 50k, depending on the car. Those huge taxes have been there for too long mpaka they’ve become the norm, do self import and compare cost of the same car in a car yard.
By ‘New’ you mean 7 year old metal box
What are the downsides? Naweza fatwa nilishwe copper down the road juu ya hizo magari?