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Housing tax controversy is far from over

Finance Bill

President William Ruto signing the Finance Bill, 2023 to law at State House, Nairobi on June 26. 

Photo credit: File I Nation Media Group

Unfair tax • The 1.5 per cent housing tax controversy is far from over, says Stephen Masambu. He finds perplexing the clause indicating that only employees earning below Sh150,000 a month will benefit “and yet even those who earn above that will still contribute to the levy. “And why only those in employment? It’s the unemployed who need the houses?” His contact is [email protected]

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