Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1079726,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1079726/?format=api",
    "text_counter": 184,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Gladys Wanga",
    "speaker_title": "",
    "speaker": {
        "id": 590,
        "legal_name": "Gladys Atieno Nyasuna",
        "slug": "gladys-atieno-nyasuna"
    },
    "content": "There is an important matter on the Tax Procedures Act where this Bill seeks to … let me just find it. Clause 33 of the Finance Bill (National Assembly Bill No.18 of 2021) says, Section 47 of the Tax Procedures Act, 2015 is amended by inserting the following new subsections immediately after subsection (4) (4A) Where the Commissioner notifies a taxpayer that an application for refund has been ascertained in accordance with subsection (3), and applies the refund to the payment of an outstanding tax in accordance with subsection (4) (a) or (b), interest on penalties, shall not accrue on the amount applied to the payment of the outstanding tax from the date of notification. The trick is, if KRA notifies you that they owe you, from that day of notification, there is no interest accruing on your part. This is a good clause but the Committee is stating that where you have this kind of claim, and it accrues new tax, it should be used to offset that new tax so that KRA owes you nothing and there is nothing for taxes to accrue on."
}