MEYO: KRA eases tax compliance headache for volatile informal sector
An artisan paints a metal box along Landhies Road in Nairobi on December 28, 2018. Kenya has reintroduced turnover tax to enable compliance in the informal sector. PHOTO | FRANCIS NDERITU | NMG
Numerous studies have shown that the informal sector makes significant contribution to the Gross Domestic Product (GDP) of most developing countries.
Apart from contribution to the GDP, the sector is one of the biggest employers in Kenya, accounting for more than 80 per cent of employment opportunities.