Joseph Kirui Limo

All parliamentary appearances

Entries 1401 to 1410 of 2163.

• 23 Aug 2018 in National Assembly: Another proposal in this Bill is on Accountants Act. Currently, accountants have received a serious beating especially when there are corruption cases in the country. To tackle that, the accountants’ body is proposing some amendments to the Accountants Act. Currently any accountant is an accountant. To be a member of the Institute of Certified Public Accountants, you must have completed all the sections of the accountants’ course. But currently, almost every organisation has an accountant who has done CPA1, CPA2 or even elementary but call themselves accountants and when they engage in fraud, it is said they are accountants. So, ... view
• 23 Aug 2018 in National Assembly: Currently, lawyers have some fee published and it is official. Currently, accountants just negotiate their fee. There is no published fee. So, to make accountancy a real profession which is The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor. view
• 23 Aug 2018 in National Assembly: respected, the Bill also proposes accountants fee to be published by the Cabinet Secretary in charge of the National Treasury. It will be standard and will make accountancy a professional. view
• 23 Aug 2018 in National Assembly: As we were deliberating on the Finance Bill, there are issues that have come up and have been discussed everywhere in the county. People have been crying that fuel cost will come up because VAT will be introduced by the Finance Bill, 2018. I want to put the record straight. The Finance Bill, 2018 has not recommended introduction of VAT on petroleum products. The Finance Bill, 2016 introduced VAT on petroleum products: petrol, diesel and kerosene. But that particular clause as passed by the 11th Parliament was not effected then but was suspended by the CS, National Treasury for three ... view
• 23 Aug 2018 in National Assembly: Finally, Robin Hood Tax has been controversial. It is a tax which is designed to tax the better endowed people and help the lower to get better life. As it is designed in this Bill, it proposes to introduce a charge of 0.05 per cent for every transfer of amount exceeding Kshs500,000 from one account to another. For avoidance of doubt, when you compute Kshs500,000, the percentage translates to Kshs250. That tax is ring-fenced for the purpose of providing universal healthcare for our people. So, this particular proposal, if passed, will have all the money collected channelled to provision of ... view
• 23 Aug 2018 in National Assembly: not very conversant with what it is, it introduced the upper cap and the lower cap. The lower means if you have money and you want to deposit into an account, the bank is restricted to give you interest up to a certain level. If you are borrowing money, the cap means the bank has been restricted not to go beyond a certain interest rate. A lot of interest is on the upper cap. That means the lower cap has been attacked seriously. It has been called a lot of names including draconian and all that. Our Committee, having discussed ... view
• 23 Aug 2018 in National Assembly: Thank you. view
• 22 Aug 2018 in National Assembly: Hon. Deputy Speaker, I beg to lay the following Paper on the Table of the House: view
• 22 Aug 2018 in National Assembly: Report on the Departmental Committee on Finance and National Planning on its view
• 22 Aug 2018 in National Assembly: consideration of the Finance Bill, 2018. view