22 Apr 2020 in National Assembly:
(a) in the proposed amendments to the Income Tax Act (Cap. 470), by—
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22 Apr 2020 in National Assembly:
(iii) deleting the proposed amendments to Section 15(2)(ss);
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22 Apr 2020 in National Assembly:
Al right. I move to the next proposed amendment to Section 15(2)(ss). This amendment is still on securities. Therefore, it is the same as what I had explained - to promote investment.
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22 Apr 2020 in National Assembly:
The amendment in Section 15(2)(u) is on expenditure of social responsibility. If you build a school for a community, it used to attract some exemptions in taxation. However, it was brought back. We propose it to remain, so that it can promote social responsibility.
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22 Apr 2020 in National Assembly:
I am not sure whether you had called up to Section 15(2)(v).
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22 Apr 2020 in National Assembly:
This is to save employers from being taxed on subscriptions that they pay on behalf of their employees. In most cases, it is part of the contracts they have entered in their appointment letters.
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22 Apr 2020 in National Assembly:
Was it including Section 15(2)(x)?
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22 Apr 2020 in National Assembly:
Section 15(2)(x) is what I had explained earlier on expenditure on construction of public utilities like schools, hospitals and social infrastructure.
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22 Apr 2020 in National Assembly:
Hon. Chair, I beg to move: THAT, the Schedule be amended— (a) in the proposed amendments to the Income Tax Act (Cap. 470), by— (viii) deleting the proposed amendment to section 22C; This is on the registered home ownership scheme which was introduced last year to promote saving by Kenyans to own homes, in line with the Big Four Agenda.
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22 Apr 2020 in National Assembly:
( Question, that the words to be left out be left out,
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