Recycling Plastics- Enviro Wild

Reduced Corporate Tax for Companies Operating Plastic recycling Plants-30% to 15%

Kenya’s Finance Act 2019 that was consented into law on 7th November 2019, resulted in a couple of amendments, including the reduction of the corporate tax for companies operating plastic recycling plants. The tax reduced by half from 30% to 15% a move the Kenya Revenue Authority says it is a way of encouraging the recycling of plastic products with a long-term goal of reducing potential harmful effects on the environment