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{
    "id": 1061329,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1061329/?format=api",
    "text_counter": 62,
    "type": "speech",
    "speaker_name": "Kinangop, JP",
    "speaker_title": "Hon. Zachary Thuku",
    "speaker": {
        "id": 13380,
        "legal_name": "Zachary Kwenya Thuku",
        "slug": "zachary-kwenya-thuku"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker for giving me this opportunity to support the Report by the Committee on Delegated Legislation. As I support, I would like to point out the fact that the success of any government or economy depends on its fiscal policy. We have two kinds of taxes that are very important in this country because they yield so much in terms of revenue – Pay as You Earn (PAYE) and Value Added Tax (VAT). The Regulations that have been brought to this House are very important because VAT is a tax that is collected at source by the Government, especially with regard to the issue of withholding. We must have a tamper-proof form of tax collection. The issue of having all the details of the supplier and the buyer captured electronically is very important. This is going to be a blow to the tax cheats that we have in this country. We also would wish to look into the efficiency of KRA. At times, people hold tax and they do not submit it on time. Business people suffer because they always get notices from KRA asking them to declare monies that have been withheld by the withholders and yet they have done their part. It is now incumbent upon the KRA to ensure that they reign in on the tax withholders so that the monies are submitted to them on time. Finally, on the issue of tax refund, a business person finds that he has paid more to KRA and he demands the difference to be refunded to him. The refund does not get to the business person in time. There are instances where I have seen the…"
}