Entry Instance

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

{
    "id": 576942,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/576942/?format=api",
    "text_counter": 505,
    "type": "speech",
    "speaker_name": "Hon. (Eng.) Gumbo",
    "speaker_title": "",
    "speaker": {
        "id": 24,
        "legal_name": "Nicholas Gumbo",
        "slug": "nicholas-gumbo"
    },
    "content": "Hon. Temporary Deputy Chairlady, of course, my good friend Hon. Chepkong’a as a lawyer, is necessarily a wordsmith but I wish he could do a little bit of mathematical modelling around his argument. If he did, then he would realise that what he is doing is to increase the number of small companies and remove many more companies from the tax bracket. I see a lot of mischief and vested interests in the proposal by ICPSK and ICPAK in proposing that we take it to Kshs50 million or Kshs5 million. What Hon. Nassir is proposing is actually putting fewer companies out of the tax bracket. What Hon. Chepkong’a is doing is expanding that. We are going to have a lacuna. We are headed into what will now be the position of KRA. As it is, they define small companies as those with a turnovers of Kshs5 million and asset bases of not more than Kshs2 million. If you increase that and exempt them from Value Added Tax (VAT), are you not affecting the revenue uptake by KRA?"
}