The ongoing VAT on petroleum products debate has ensured that pretty much of the memorandum from the president remains unexplored thus unexplained.

In a bid to plug the hole left with the halving of the VAT collectable, the president looked towards other areas of the economy to raise the cash.
Some of the areas include Airtime, internet services, Mobile money, betting companies ans ultimately their customers more so those who win.

Uhuru has proposed to Tax betting Firms 15% which is a 20% reduction from the initial 35% that had caused a lot of heat in the nascent industry.

The winners who have so far had ir very good, will have their luck split with the taxman. A whooping 20% will be deducted from your winnings.

Here is the proposal as contained in the presidential memoranda.

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