New amendments in the proposed Affordable Housing Bill 2023
2 min read
Parliament propose to exempt employers from paying tax, 10% deposit to be scrapped in the new Affordable Housing Bill 2023
Parliament propose to exempt employers from paying tax, 10% deposit to be scrapped in the new Affordable Housing Bill 2023.
Members of Parliament (MPs) have proposed amendments to the Affordable Housing Bill 2023 after the courts declared it unconstitutional.
The National Assembly and Finance Planning Committee proposed to exempt employers from paying the 1.5% Housing Levy.
While conducting public participation, the committee agreed that imposing the levy on employers would render many jobless.
National Assembly Majority Leader Kimani Ichung’wah claimed Kenyans were willing to pay the levy as he dismissed Azimio la Umoja One Kenya Coalition Party members for criticising the move.
Ichung’wah, who is the Kikuyu MP, said non-salaried Kenyans will also pay the tax.
“In this new law, we have now made, it is possible for even non-salaried people to be able to contribute. Everyone will pay their fair share. Job opportunities lie on this bill,” Ichung’wah said.
Ruto government to borrow Ksh700 billion to finance 2024/25 budget
List of SEVEN shortlisted candidates for the position Chief Registrar of the Judiciary
Woman who survived in Kelvin Kiptum accident reveals last moments before tragic crash
Manchester United is looking for Kenyan athletes
Raila responds on quitting Kenyan politics if he lands AU Chairperson position
DCI exposes new tricks carjackers using to target motorists
Lawmakers also proposed removing the requirement that buyers pay a 10% deposit of the house’s cost before occupying it.
This comes after President William Ruto remained adamant about implementing the controversial housing levy despite stiff opposition.
The courts also declare the housing levy unconstitutional as it lacked a comprehensive legal framework.
The High Court asserted that the levy violated taxation principles, proving discriminatory and unfair by creating distinctions between the formal and informal sectors.
Meanwhile, President Ruto insisted the housing project was a noble idea that must be implemented.
Also read,
KTN News anchor offers Senator Okiya Omtatah a new car after accident
Ruto administration “plotting” to embarass Raila through AU Chairperson Bid; ODM politicians
Senator Okiya Omtatah involved in a road accident
Ministry of Health announces new hospital categorisation under SHIF
Government breaks silence over Raila quest for AU leadership
Follow us
