David Mwalika Mboni

All parliamentary appearances

Entries 61 to 70 of 157.

• 29 Jun 2021 in National Assembly: It is also important to note that only three sectors, which are manufacturing, ICT and banking and finance, contribute 52 per cent of tax revenue. So, there is a need for this country to come up with measures and mechanisms to tax other sectors. Otherwise, those sectors are overtaxed. If they are overtaxed, we are likely to see companies relocating to other countries. People will lose jobs. Because of this, there will be loss of revenue. As mentioned earlier by other Members, currently, goods from Uganda are consumed in our border posts. There is also need for the National Treasury ... view
• 29 Jun 2021 in National Assembly: We all know that KRA is grossly underfunded and understaffed. It is supposed to get 2.5 per cent of the tax revenue that they collect. They do not get the money most of the times. The National Treasury should give KRA more money to hire and train staff, so that they can raise more revenue. What is more important is that KRA should enhance and modernise its ICT systems. When you buy something in other countries, the servers of the traders are linked with the servers of the revenue collection bodies. If KRA can come up with such a system, ... view
• 29 Jun 2021 in National Assembly: Kenya Revenue Authority (KRA) should modernise their ICT system. The KRA should also be funded to install drive through scanners. If they install drive through scanners, they will require less than a minute for a track to go through. But if they do it manual, they require more time to scan, which is a waste of time. Scanners will make it easy for people to do business. view
• 29 Jun 2021 in National Assembly: I like the recommendation by one of the Members. In North Eastern, there are no border posts yet there are many goods which are brought to this country from other countries. We have Moyale Border Post which I am not very sure is operational. It was done a long time ago. We need to operationalise it so that we can collect more revenue. view
• 29 Jun 2021 in National Assembly: Lastly, the high cost of electricity, water and other things makes our goods very expensive. view
• 29 Jun 2021 in National Assembly: Hon. Temporary Deputy Speaker, with those few remarks, I support. view
• 22 Jun 2021 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I would like to thank the Chairperson, Hon. Gladys Wanga, for good leadership and guiding the Committee to come up with this Bill. I am a Member of that Committee. First, this Bill seeks to amend several tax laws, namely, the Income Tax, Value Added Tax (VAT) and the Excise Duty Act. These amendments are aimed at raising revenue to support Government operations and economy recovery after the COVID-19 Pandemic. However, these proposals are really not raising revenue. The net revenue which is supposed to be raised by these measures is only Kshs1.8 billion. ... view
• 22 Jun 2021 in National Assembly: The other important proposal is tax rebates to employees who engage students from the TVET institutions. Instead of saying that the companies which are to benefit from these tax rebates should take 10 students, the Committee proposes five students so that SMEs can also be encouraged to take students and benefit from the tax rebates. That is important and I support it. There are proposals that are not welcome. We need to look at them and, of course, I do not support them. One of them is under the VAT Act. It proposes changes to taxes from zero-rated to exempt. ... view
• 22 Jun 2021 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. One good thing that the Bill proposes is to give the Retirement Benefits Authority (RBA) powers to appoint KRA in consultation with essential trustees. That is a welcome proposal. Most of the employers, especially county governments, have not been remitting their deductions and that is important. 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
• 22 Jun 2021 in National Assembly: The Government should look for ways of raising revenue and reduce their dependence on the Exchequer. One of them is that it will reduce expenditure from 6 per cent to 3 per cent which is globally average. This one will give us, at least, Kshs300 billion which we have been borrowing locally. It is important to note that when it comes to tax auditing, it is the least considered factor in terms of encouraging investors to invest. Investors will look at credit availability and skilled labour. The Government should move swiftly and increase the uptake of the public-private partnership projects. view