The Standard Group Plc is a
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Scrap metal dealers weigh iron sheets at a demolished area at Mukuru kwa Njenga slum in Nairobi.[File, Standard]
Scrap metal dealers will be required to part with a 1.5 per cent withholding tax from sales starting in July if the Finance Bill 2026 sails through.
The Bill has proposed the reintroduction of a withholding tax on the sale of scrap metals at the rate of 1.5 per cent for both locally sourced and imported scrap.
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