Kenya’s Association of Air Operators Warns on Proposed Removal of VAT Exemptions on the Aviation Sector in the Finance Bill 2024

The Kenya Association of Air Operators (KAAO) has expressed deep concern regarding the Finance Bill 2024, which proposes to eliminate VAT exemptions previously granted to the aviation sector. These exemptions have been instrumental in stimulating growth and investment within the industry. The proposed deletion of these VAT exemptions threatens to undermine the substantial progress achieved…