Benson Makali Mulu

All parliamentary appearances

Entries 1301 to 1310 of 2344.

• 30 Aug 2016 in National Assembly: Thank you, Hon. Temporary Deputy Chairlady. It looks like Hon. Wamalwa is still not sure about the changes. It is paragraph three where it has been changed to 15 per cent. I support this amendment, but even as I support, I indicated earlier that this might be taken advantage of in terms of implementation and we will have a problem. Implementation might be a challenge but for now I support. view
• 18 Aug 2016 in National Assembly: Hon. Temporary Deputy Chairlady, I just wanted to see if it is possible for the Mover to explain to us the import of some of these amendments. She says she agrees, but she leaves us behind in terms of following up the debate. view
• 18 Aug 2016 in National Assembly: Thank you, Hon. Deputy Speaker, for, at least, giving me the chance despite waiting for long. I take this chance to also support the Finance Bill, 2016. This House passed the 2016/2017 Budget and I am on record having said that it was a very ambitious Budget because out of the Kshs2.71trillion Budget, we are expected to collect about Kshs1.3trillion locally. This Bill is going to help the Government to collect that amount. Looking at the proposed revenue raised, we still have a challenge and we have to do much more in order to get this money. In this Bill, ... view
• 18 Aug 2016 in National Assembly: structures. Reducing the Corporate Tax from 30 per cent to 20 per cent is not the best strategy for encouraging developers to put up more residential housing units. That small difference is not good enough to make people invest in residential houses. view
• 18 Aug 2016 in National Assembly: The other thing is the imposition of duty of Kshs7.20 per litre of Kerosene. Who uses Kerosene in this country? It is basically the low income households. When we impose this kind of tax on kerosene, are we helping the poor? We are pushing them from using this important source of energy to firewood. This will make things worse in terms of deforestation. As we amend other clauses, the Chairperson of this Committee should reconsider Clause 21(a). At the end of the day, we are harassing the poor of this country more than we are helping them. We need to ... view
• 18 Aug 2016 in National Assembly: Hon. Deputy Speaker, I also have an issue with the tax amnesty that we are giving to people who want to re-invest in Kenya. view
• 18 Aug 2016 in National Assembly: Hon. Temporary Deputy Speaker, I did not realise that the position has changed from the Deputy Speaker to Hon. Temporary Deputy Speaker. view
• 18 Aug 2016 in National Assembly: Hon. Temporary Deputy Speaker, there is tax exemption or amnesty to people who want to reinvest in Kenya. These are people who had moved out of Kenya and they want to come back. We need to be cautious in this area. As such companies come back, they should be vetted to establish if they left the country because of taxation. I do not think taxation will be good enough to push someone out of a country. As the companies come back, they need to be vetted to make sure that we get investors who can add value to the economy ... view
• 18 Aug 2016 in National Assembly: The other area which the Committee needs to look into is tax refund period. The Bill proposes to increase that period from one year to five years. This means that if pay taxes that you should not have paid, KRA can take five years to refund the money to you. I am not convinced. Is it a matter of incompetence or not valuing the fact that an individual or company that has paid money to the Government needs to get that money back, so that they can invest it? Imagine your money being held by the Government for that long ... view
• 18 Aug 2016 in National Assembly: There is also the issue of the banking sector. The Finance Bill says that we need to increase the minimum core capital from the current Kshs500 million to Kshs5 billion by 2019. This will not help the country. None of the investigations that were done in Chase Bank and 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. view