All parliamentary appearances
Entries 4401 to 4410 of 7480.
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12 Mar 2014 in National Assembly:
Hon. Temporary Deputy Speaker, allow me now to get to the details of those proposed amendments to the Act. Number one is amendment to Section 33 of the parent Act and this amendment seeks to raise the penalty for persons making fraudulent tax refund claims from two times the amount of the claim to five times. This is meant to deter tax refund fraud.
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12 Mar 2014 in National Assembly:
Hon. Temporary Deputy Speaker, in the event a good is zero rated, it therefore means that the input tax would be claimed once the trader charges output tax. One of the problems that this country has experienced over the years with regard to VAT is that so many businesspeople have been seeking and filing fraudulent tax returns. In order to discourage such unscrupulous business people and such fraudulent tax claims, we need to raise the penalty so that if you make a fraudulent tax claim instead of being charged two times the amount you pay five times. This will go ...
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12 Mar 2014 in National Assembly:
The Temporary Deputy Speaker, the second amendment is to Section 48. The current Act requires that production of information and all records for examination concerning determination of tax liability. The effect of this amendment is to provide that no one may be excluded from the requirement to produce records when needed for tax computation.
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12 Mar 2014 in National Assembly:
Hon. Temporary Deputy Speaker, when it comes to tax computation we should not give any loophole. We should not allow anybody to use any legal provision to stop tax authorities from demanding for records for tax computation. Why would one resist 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.
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12 Mar 2014 in National Assembly:
tax authorities from coming to your premises and asking for your records to determine how much tax you need to pay?
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12 Mar 2014 in National Assembly:
Hon. Temporary Deputy Speaker, the other amendments now target to amend the First Schedule and introduces new exempt items and affects a wide range of consumer and productive sectors of the economy. The main sectors affected and which my amendments would seek to affect are one, the fishing industry. I have started with the fishing industry for obvious reasons because I am a fisherman and I represent fishermen and fisherwomen. Therefore, any time I think of making life bearable to people, I first think of the fishing industry.
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12 Mar 2014 in National Assembly:
Number two is the dairy sector. Number three is the health sector. Number four is the communication sector and finally financial and energy sectors as I will shortly demonstrate.
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12 Mar 2014 in National Assembly:
Hon. Temporary Deputy Speaker, the fishing industry contributes about 0.5 to the Gross Domestic Product (GDP) generating about Kshs16.1 billion in output.
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12 Mar 2014 in National Assembly:
Hon. Temporary Deputy Speaker, the Bible has a lot of discrimination of women and that is not the only one. I know of cases where the Bible refers to men throughout and given that I am someone who respects women, I value women and I know women do a lot of fishing in my place. Hon. Angwenyi may not know this because I do not remember the last time he visited a lake or he ever even passed near a lake to see the number of women now doing the fishing. So, I represent both fishermen and fisherwomen.
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12 Mar 2014 in National Assembly:
Hon. Temporary Deputy Speaker, I had just started with the fishing industry where I said that fishing contributes about 0.5 per cent to the GDP generating about Kshs16.1 billion in terms of output. Inputs to the fish industry such as fish nets and fish feeds are subjected to VAT at the moment. The amendment to exempt fishing nets will therefore aid in ensuring that the cost of inputs to the fishing industry go down and that is why I have proposed to amend the Act in the First Schedule to exempt fishing nets of manmade textile materials and this item ...
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