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{
    "id": 1441441,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1441441/?format=api",
    "text_counter": 187,
    "type": "speech",
    "speaker_name": "Marakwet East, UDA",
    "speaker_title": "Hon. Kangogo Bowen",
    "speaker": null,
    "content": "many of our colleagues discussed here will only be imposed on imported finished products. We want to move from a trading country to a manufacturing economy. We cannot be a country which imports almost everything, including tissue paper. The levy will only be imposed on imported finished products, but not on locally manufactured products like tissue papers and sanitary towels. Some months back, many of our farmers in Murang’a, Central Kenya and across the country were required to file their sales using Electronic Tax Invoice Management System (eTIMS). There are avocado farmers who were told to give KRA eTIMS. Under this Finance Bill, the eTIMS has been withdrawn. Any other small business with a turnover of Ksh1 million and below will not be required to use eTIMS. The Cabinet Secretary for the National Treasury and Economic Planning read the national Budget for the Financial Year 2024/2025 before this House. He proposed increment of monies to the counties to a tune of almost Ksh400 billion. There is an increase in the National Government Constituencies Development Fund (NG-CDF). There is also an increase of about Ksh50 million per constituency for electricity. We can only achieve those things if we pass the Finance Bill. All of us support taxation. The Finance Bill proposes to increase taxation on cigarettes and other tobacco products, alcohol and betting - gaming or gambling. We have many youths who are lost because of betting. The proposal to increase tax will ensure that we control our young people in that space and direct them to a good course in this country. There is also the issue of alcohol. Many young people drink and are lost because of cheap alcohol. The increment of the tax will address this issue."
}