25 Sep 2019 in National Assembly:
Hon. Temporary Deputy Chairlady, I beg to move:
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25 Sep 2019 in National Assembly:
THAT, Clause 3 of the Bill be amended- (a) in paragraph (a) in the proposed paragraph (d) by deleting the words “income chargeable to tax includes”; (b) by inserting the following new paragraph immediately after paragraph (a)- (aa) by inserting the following new subsection immediately after Subsection (2) - (3) The Cabinet Secretary shall make regulations to provide for the mechanisms of implementing the provisions of Subsection (2)(d).
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25 Sep 2019 in National Assembly:
This is a clean-up of the words “income chargeable to tax includes”. So, we are proposing to delete it to make it clearer and cleaner. 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.
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25 Sep 2019 in National Assembly:
Hon. Temporary Deputy Chairlady, I moved (a) and (b) to allow the Cabinet Secretary (CS) to come up with guidelines on how the new market, which has been introduced in the Bill by the name “digital market” can be implemented because it is a new term. So (b) will allow the CS to come up with guidelines on how this digital market will be operated in Kenya given that the stakeholders quoted South Africa where it is working very well. The CS will issue guidelines to make it clearer to the stakeholders and Kenyans in general.
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25 Sep 2019 in National Assembly:
Hon. Temporary Deputy Chairlady, I beg to move: THAT, Clause 6 of the Bill be amended by deleting paragraph (c). The purpose of this deletion is that the Bill is proposing to introduce taxes on small businesses, including cleaning and fumigation, catering services, security and others which, in our opinion, are very small start-up businesses. We considered what this Bill was attempting to raise. We were of the opinion that it is not significant and we could take it into account in another amendment, which we will move later, without anticipating debate. So, we propose to delete because these are ...
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25 Sep 2019 in National Assembly:
Hon. Temporary Deputy Chairlady, I beg to move: THAT, Clause 9 of the Bill be amended by deleting paragraph (a). This is on the Capital Gains Tax. The Capital Gains Tax was introduced not long ago and the proposal to drastically increase it from 5 per cent to 12.5 per cent will work negatively in terms of the Big Four Agenda proposal to build and construct affordable housing. Therefore, we propose to delete it and move another amendment to compensate for the tax which was being raised here. I propose that this Clause be deleted.
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25 Sep 2019 in National Assembly:
Hon. Temporary Deputy Chairlady, I beg to move: THAT, Clause 10 of the Bill be amended – (a) in paragraph (a) by deleting sub-paragraph (iii); (b) by deleting paragraph (b). This amendment is similar to what I had moved earlier. It is touching on taxation of small businesses including cleaning, fumigation, catering and others which I had moved.
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25 Sep 2019 in National Assembly:
Hon. Temporary Deputy Chairlady, I beg to move:
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25 Sep 2019 in National Assembly:
THAT, Clause 12 of the Bill be amended in the proposed amendment to Part I of the First Schedule to the Income Tax Act by inserting the following new items immediately after item 58—
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25 Sep 2019 in National Assembly:
59. The amount withdrawn from the National Housing Development Fund to purchase a house by a contributor who is a first-time home-owner.
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