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{
    "id": 1043764,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1043764/?format=api",
    "text_counter": 111,
    "type": "speech",
    "speaker_name": "Tiaty, KANU",
    "speaker_title": "Hon. Kassait Kamket",
    "speaker": {
        "id": 13493,
        "legal_name": "William Kamket Kassait",
        "slug": "william-kamket-kassait"
    },
    "content": " Hon. Speaker, I beg to move the following Motion: THAT, this House adopts the Report of the Committee on Delegated Legislation on its consideration of the Value Added Tax (Amendment of the Rate of Tax) Order, 2020, laid on the Table of the House on Tuesday, 22nd December 2020, and, pursuant to the provisions of sections 6 and 67 of the Value Added Tax Act, 2013, approves the Value Added Tax (Amendment of the Rate of Tax Order), 2020 published as Legal Notice No. 206 of 2020. Hon. Speaker, very briefly, on 25th March this year, the President of the Republic of Kenya made an Address and, among the issues that he addressed, was the reduction of VAT rate from 16 per cent to 14 per cent. The reason for such drastic measures was to address the problem the economy was going to face because of the COVID-19 pandemic. This House approved that proposal in April via Legal Notice No. 35 of 2020. Eight months later, the Cabinet Secretary for the National Treasury has brought this amendment of the VAT rate, revising it upwards from 14 per cent to 16 per cent. The main purpose of the Order before you today, as indicated, is to fill the revenue shortfalls. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}