TAX ADJUSTMENT PROPOSAL FOR THE FINANCIAL YEAR 2020/ 2021 – IILA RECOMMENDATIONS

//TAX ADJUSTMENT PROPOSAL FOR THE FINANCIAL YEAR 2020/ 2021 – IILA RECOMMENDATIONS

TAX ADJUSTMENT PROPOSAL FOR THE FINANCIAL YEAR 2020/ 2021 – IILA RECOMMENDATIONS

The Problem 

The burden of Non- Communicable Diseases (NCDs) is rising in Kenya, currently accounting for more than 50% of total hospital admissions and over 55% of hospital deaths.

Tobacco, alcohol, and sugar sweetened beverages consumption accounts for a large and growing share of premature death and disease, especially in low- and middle-income countries. Without action today, the disease burden attributable to these products is going to rise.

Fortunately, NCDs are largely preventable; mostly through addressing the four major risk factors- tobacco use and exposure, unhealthy diet, harmful use of alcohol and physical inactivity.

Raising the price of tobacco, alcohol and sugar sweetened beverages by increasing excise taxes reduces consumption and saves lives, while generating additional tax revenues. Furthermore, raising taxes on sugar sweetened beverages can incentivize healthier diets and address the growing burden of disease from obesity and diabetes.

Affected industries vigorously oppose tax increases with false or misleading statements related to revenues, employment, illicit trade, and impacts on the poor. Most of this criticism fails to stand up to analysis; none of it justifies inaction.

 

For the full proposal, click on the link below…

IILA Tobacco Tax Proposals To Treasury FY 2020- 2021

 

By | 2019-12-03T11:25:27+00:00 December 3rd, 2019|IILA Publications|0 Comments

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