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"content": "This seeks to extend the tax amnesty that is expiring on 30th June 2024 to 31st March 2025. When the Finance Act of 2023 introduced tax amnesty, 1,058,734 taxpayers applied for amnesty, with a principal tax of Ksh42 billion. So far, and through that amnesty programme, Ksh31.2 billion has been paid by the taxpayers while Ksh10.7 has to be paid by 30th June 2024. The extension of this tax amnesty gives more time to Kenyans who have an outstanding principal tax, such that when they pay it, they are forgiven of their penalties and interests. This is a big relief for Kenyans who were worried and seeking tax amnesty. We are therefore extending this tax amnesty to 31st March 2025. With that, I beg to move that the new clause be now read a Second Time."
}