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
Comments have been closed for this article.

Read more from our Users

Submitted by
Ben Wafula
24 KCSE candidates expelled for '...

They are expected to report back with their parents and valid reasons as to why they were making noise after a week. Read more...

Submitted by
Jackson Okata
Sober up and save Kenya, Mudavadi...

Mudavadi accused both Uhuru Kenyatta and Raila Odinga of selfishness. Read more...

Submitted by
DareelEric
Suspended assembly speaker summon...

Speaker Dan Chitwah has been summoned by the ad hoc committee investigating his conduct.  Read more...

Submitted by
Manasseh
Drama as public beats up MCAs, ej...

There was drama at Mbiriri shopping centre in Kieni, Nyeri County, after Members of the County Assembly (MCAs) were beaten up and whipped by angry residents and later ejected from Governor Nderitu Gachagua’s meeting. Read more...

Submitted by
Shakila Alivitsa
What dating past thirty is like

I wanted to say ‘what dating when you are old is like’ but I did not want to give some people a panic attack. Some people are so worried about the big 0. Read more...

Submitted by
Anne Mutinda
Comedy is an avenue for luctrativ...

Comedians make people laugh but comedy creates an avenue for lucrative opportunities for those who have ventured into the industry.  Read more...