Entry Instance

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

{
    "id": 377171,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/377171/?format=api",
    "text_counter": 395,
    "type": "speech",
    "speaker_name": "Hon. Ng’ongo",
    "speaker_title": "",
    "speaker": {
        "id": 2884,
        "legal_name": "Alice Wambui Ng'ang'a",
        "slug": "alice-wambui-nganga"
    },
    "content": "Hon. Temporary Deputy Speaker, Sir, first of all, as a Member of the Certified Public Accountants of Kenya (ICPAK), I want to register from the outset that, for a long time, we have called for a repeal of the VAT Act as it is today. The VAT Act, Cap.476 of the Laws of Kenya has its weaknesses and, therefore, there has been increased pressure to have a new VAT law in place, first of all, in terms of management and administration. The complexity in management and administration of VAT in this country has been a source of concern not only to the economists, but also the accountants. Two of the basic principles in taxation are simplicity and economy. You need a tax law that is simple to apply, simple to administer and simple to manage and which, in essence, will result into inexpensive or a cheap way of collecting the tax, thereby, realizing the economy as an advantage. I want to add that one of the strong points or the positives of this Bill would be to reduce cases of fraud in terms of refunds because when you have so many items that are zero-rated, you are faced with the possibility of a number of taxpayers defaulting through fraudulent means."
}