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{
    "id": 1257408,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1257408/?format=api",
    "text_counter": 1707,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": "We are not increasing the turnover tax from 1.5 per cent to 3 per cent. Remember this House, in the last Parliament, approved the turnover tax to be 3 per cent. The reduction from three per cent to 1.5 per cent came as a precautionary measure to help our business during the COVID-19 time. We all agree that COVID-19 is behind us. We are encouraging them to pay the three per cent. This particular tax is on turnover and not profits. Using the same logic at the end of the year, when they file their returns, they will deduct what they have paid as per the tax band in the Public Finance Management (PFM) Act."
}