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"id": 1079841,
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"type": "speech",
"speaker_name": "Othaya, JP",
"speaker_title": "Hon. Gichuki Mugambi",
"speaker": {
"id": 13463,
"legal_name": "James Gichuki Mugambi",
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"content": " Thank you very much, Hon. Temporary Deputy Speaker. I would like to start by congratulating the Chairperson for the great moving of the Finance Bill. The Finance Bill has done a great job in terms of housekeeping on tax matters in a number of areas. I would like to commend them for reducing the amount of work that accountants have been doing using the reducing balance method on the calculation of the investment allowances and making it very easy through the straight-line method. We need to keep straightening and reducing the amount of work on the administration of our tax system and make it friendlier and easier. This will make more people to comply and file tax returns without it looking very complicated. I would also like to commend the zero-rating of a big range of medicaments and para- medicaments, especially those that boost immunity in human beings during this time of COVID- 19. We hope that those who distribute them will pass the benefits to the consumers to ensure that a cross-section of Kenyans use them and boost their immunity during this time of COVID-19."
}