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{
    "id": 579032,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/579032/?format=api",
    "text_counter": 113,
    "type": "speech",
    "speaker_name": "Hon. Langat",
    "speaker_title": "",
    "speaker": {
        "id": 384,
        "legal_name": "Benjamin Kipkirui Langat",
        "slug": "benjamin-langat"
    },
    "content": "Thank you, Hon. Speaker. I was on zero-rated supplies which have been brought. I was talking of goods on transit and importation of right-hand vehicles by returning residents who have disposed of the left-hand ones. You remember that when the Cabinet Secretary was in the House, he said that there were so many of our people who live in the USA and other countries who have left-hand drive vehicles. They have a problem when they come to Kenya because we do not accept left-hand driven vehicles. It is now proposed in this provision that you are now allowed to sell whatever vehicle you have and then buy a right-hand vehicle in Kenya and you are exempted from paying VAT on that account, because it is not your wish. It is just the change of country that has affected you otherwise you would have continued wherever you were. This proposal is to help Kenyans from abroad to dispose of left-hand vehicles and buy vehicles that are accepted in Kenya, and be exempted from paying VAT. That is what the proposal says. I am now going to move to proposals on Income Tax. I have mainly mentioned the VAT. Under the proposals for Income Tax, there is a proposal to introduce Residential Rental Income Tax for those with a rental income below Kshs10 million. There is also a provision to give amnesty to those who have not been paying for the last two years. Unfortunately, there is an omission in the Bill. They did not indicate the rate. When the Cabinet Secretary was in the House, he said the rate is 12 per cent. We are going to correct that anomaly in the omission of the rate; there is a proposal for introducing a Rental Income Tax Act for those who get a rental income of Kshs10 million and below at the rate that was mentioned, although it is not in the Bill. It is proposed that that tax will be the final, so that you pay 12 per cent of the rental income to the Kenya Revenue Authority (KRA). You are not expected to continue getting invoices for expenditure. From an administrative point of view, it is an easier way. Even from the perspective of those who are paying taxes, it is very easy because you only need to know your income, then you use the rate to pay. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}