Tag: VAT on commercial property

Legal and Tax Implications for Property Developers After Commercial Premises VAT Ruling

The Court of Appeal recently ruled that Commercial premises are not exempt from Value Added Tax (VAT). This decision resulted from KRA’s appeal against David Ndegwa, following the High Court’s declaration that Paragraph 8 of Part II of the First Schedule of the VAT Act was ambiguous, thereby exempting commercial buildings from being classified as […]...