{"count":1608389,"next":"http://info.mzalendo.com/api/v0.1/hansard/entries/?format=json&page=156909","previous":"http://info.mzalendo.com/api/v0.1/hansard/entries/?format=json&page=156907","results":[{"id":1587272,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587272/?format=json","text_counter":354,"type":"speech","speaker_name":"Molo, UDA","speaker_title":"Hon. Kuria Kimani","speaker":null,"content":"within six months from the date of commencement of"},{"id":1587273,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587273/?format=json","text_counter":355,"type":"speech","speaker_name":"Molo, UDA","speaker_title":"Hon. Kuria Kimani","speaker":null,"content":"this provision."},{"id":1587274,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587274/?format=json","text_counter":356,"type":"speech","speaker_name":"Molo, UDA","speaker_title":"Hon. Kuria Kimani","speaker":null,"content":"I will just give a brief of where we. The Finance Bill of 2025 was seeking to amend five different laws, namely, the Income Tax Act, the Value Added Tax Act, the Excise Duty Act, the Tax Procedures Act, and the Miscellaneous Fees and Levies Act. So far, we have dealt with all the proposed amendments in the Income Tax Act. So, we are now in the next statute, the Value Added Tax Act, which this Finance Bill seeks to amend."},{"id":1587275,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587275/?format=json","text_counter":357,"type":"speech","speaker_name":"Molo, UDA","speaker_title":"Hon. Kuria Kimani","speaker":null,"content":"This amendment seeks to retain the provision allowing the option to offset excess tax under any written law. Paragraph (ea) was introduced to allow for instances where permanent credits arose due to changes in tax rates. While the intention was to resolve an issue caused by legislation, the provision has failed to take effect due to technical drafting flaw."},{"id":1587276,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587276/?format=json","text_counter":358,"type":"speech","speaker_name":"Molo, UDA","speaker_title":"Hon. Kuria Kimani","speaker":null,"content":"This will help us avoid all the tax refund requests that KRA seems to get every time. I alluded that we only have a budget of about Ksh5 billion despite tax refunds being in excess of Ksh50 billion. This is a clean-up to ensure taxpayers are allowed to offset their current tax liabilities from excess tax they might have paid, even if that was under a different tax bracket. For instance, if you overpaid your input tax, you are allowed to offset it, whether from your corporation tax, Pay-As-You Earn (PAYE) or any other tax head in your tax obligation."},{"id":1587277,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587277/?format=json","text_counter":359,"type":"speech","speaker_name":"Molo, UDA","speaker_title":"Hon. Kuria Kimani","speaker":null,"content":"I beg to move, Hon. Temporary Chairman."},{"id":1587278,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587278/?format=json","text_counter":360,"type":"speech","speaker_name":"Hon. David Ochieng’","speaker_title":"The Temporary Chairman","speaker":null,"content":" Thank you."},{"id":1587279,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587279/?format=json","text_counter":361,"type":"scene","speaker_name":"","speaker_title":"","speaker":null,"content":"(Question of the amendment proposed)"},{"id":1587280,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587280/?format=json","text_counter":362,"type":"speech","speaker_name":"Hon. David Ochieng’","speaker_title":"The Temporary Chairman","speaker":null,"content":"Member for Funyula."},{"id":1587281,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1587281/?format=json","text_counter":363,"type":"speech","speaker_name":"Funyula, ODM","speaker_title":"Hon. (Dr) Ojiambo Oundo","speaker":null,"content":" Hon. Temporary Chairman, I sincerely thank and strongly support this amendment as moved by the Chairman of the Committee. All taxes are paid to KRA, despite the different accounts. It should therefore be a simple matter of entry, exit, and then the bottom line. We should not have this issue of compartmentalisation of VAT, PAYE or Excise duty. The proposed amendment is a very progressive way of getting things done."}]}