The manufacturing industry is among the hardest hit by the COVID-19 pandemic. It is, therefore, imperative for companies in the manufacturing sector to rethink their way of doing business to ensure that they are sufficiently equipped to weather the current economic storm and the attendant disruptions resulting from the pandemic.
Factors to consider include, among other things, restructuring of manufacturing operations to cut on costs as well as identifying and taking advantage of cash saving opportunities.
In this document, we highlight some cash saving options provided within the various Kenyan tax laws that the manufacturing industry may consider.
If any of the areas below concern your business, please do not hesitate to get in touch with us so that we can work together in finding the best solutions to save cash for your business.
