Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

Rent increase fears as landlords targeted for taxes

15 June 2012, 12:06

Nairobi - Following Finance Minister Njeru Githae's directive to Kenya Revenue Authority (KRA) to map residential areas to ensure all landlords pay taxes in this year's budget speech, rents are likely to go up, Capital News reports.

Unveiling the 2012-2013 budget statement under the theme: ‘Deepening Economic and Social Prosperity within a System of Devolved Government,’ Githae said in a bid to safeguard the revenue base and ensure equity, KRA will institute an effective excise tax management system to ensure that all products produced by licensed manufacturer are fully accounted for by type and quantity.

Githae added that the first phase of this system shall be fully operational in the course of the fiscal year.

- For more visit Capital News

NEXT ON NEWS24 KENYAX

Read News24’s Comments Policy

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Wekesa Wa Kisika
Governor accused of running Count...

Nyamira Senator, Mongare Bw’okong’o has threatened to initiate the process of impeaching his Governor, John Nyagarama for running county affairs as a “private company”. Read more...

Submitted by
Shakila Alivitsa
7 things I look for in a man

What do I look for in a man when I meet him first? Read more...

Submitted by
Victor Tinto
Kimemia let loose by DPP

Former head of Public Service Francis Kimemia has been let loose by the Office of the Director of Public Prosecutions DPP. Read more...

Submitted by
Victor Tinto
Interviews to replace suspended P...

The government has started the process of interviewing persons for the jobs of permanent secretaries in various ministries. Read more...

Submitted by
William Korir
Westlands MP bails out struggling...

Westlands MP Timothy Wanyonyi has bailed out AFC Leopards after their players threatened not to attend a Kenyan Premier League match over unpaid allowances. Read more...

Submitted by
William Korir
Orengo cleared!

Siaya Senator James Orengo has been cleared of corruption charges by the office of the Director of Public Prosecutions DPP. Read more...