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{
    "id": 685282,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/685282/?format=api",
    "text_counter": 132,
    "type": "speech",
    "speaker_name": "Hon. Dawood",
    "speaker_title": "",
    "speaker": {
        "id": 2572,
        "legal_name": "Abdul Rahim Dawood",
        "slug": "abdul-rahim-dawood"
    },
    "content": "Thank you, Hon. Temporary Deputy Speaker. I want to, first, support the Finance Bill with a few amendments which I have already given to the Chair of the Committee. I am a Member of the Committee and there are a few things which come to mind regarding the Residential Minimum Threshold Tax under Clause 3; it is Kshs144,000 per year. That means somebody has to pay a tax of about Kshs12,000 per month. We want to raise our people’s profile. Nowadays, it is hard to make ends meet. When we set the Residential Minimum Threshold Tax at about Kshs12,000, that is so low. We probably need to rethink this position and raise it to, at least, Kshs240,000 per year. That means paying about Kshs20,000 per month. Somebody will need to pay the tax if he earns more than Kshs20,000 a month in residential income."
}