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
KISIKA SAMUEL
Gaitho warns govt against intimid...

The outgoing Chairman of the Kenya Editor’s Guild, Macharia Gaitho has cautioned the government against undermining the opposition from carrying out its constitutional oversight mandate. Read more...

Submitted by
Eugene Odanga
Juliana Kanyamozi's son Keron to ...

The funeral of renowned singer and Tusker Project Fame judge Juliana Kanyamozi's son Keron will be held Wednesday. Read more...

Submitted by
Eugene Odanga
You cannot miss Young Kings extre...

Young king, one half of the famed duo Young King and Lava is inviting you to attend what should be the most extreme experience you will ever have.  Read more...

Submitted by
William Korir
Governors want security devolved ...

Governors are calling on security dockets to be devolved in order to ease the pressure put on central government as regards handling disasters. Read more...

Submitted by
Eugene Odanga
SI-SO wants you to feature in his...

Are you an upcoming actor/actress and wish to exercise your talents? Are you are Kenyan rapper? SI-SO is inviting you to take part in his next music video. Read more...

Submitted by
Kimutai Langat
Police impound cedar posts worth ...

Police in Narok have arrested two people and recovered cedar posts worth KES 1.2 million from them. Read more...