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Page 6 - Petroleum Outlets Association News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Oil dealers petition MPs on 2019 tax


Oil marketers have petitioned Parliament to exempt them from the two percent withholding tax on their fuel supplies. ....

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RUTO has really ruined the economy – See what is happening on the ground right now that will further exacerbate the situation?

Friday, June 2, 2023 – President William Ruto’s bottom-up economics has hit the economy so hard that the Petroleum Outlets Association of Kenya (POAK) has already raised the alarm over the low fuel uptake by motorists in the country. In a brief statement, the Martin Chomba-led association claimed that the uptake of fuel products had significantly… ....

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Fuel Dealers Raise Alarm as Motorists Turn to Cheaper Options

The association claimed that uptake of fuel products had significantly reduced by between 25 to 30 per cent. ....

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Petrol price could hit Sh200 per litre, oil marketers warn

Treasury has in the Finance Bill 2023 proposed an increase on the value-added tax levied on petroleum products to the standard rate of 16 per cent from the current rate of eight per cent. ....

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Petrol price could hit Sh200 per litre, oil marketers warn

Treasury has in the Finance Bill 2023 proposed an increase on the value-added tax levied on petroleum products to the standard rate of 16 per cent from the current rate of eight per cent. ....

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