by Martin Oduor
Employed Kenyans will be deducted 1.5% from their monthly salaries to help finance a new low cost house project initiated by president Uhuru Kenyatta.
The new law will compel salaried Kenyans to pay to the National Housing Development Fund to finance the multi-billion government housing project.
This comes just after the government introduced 8% tax on fuel that saw the price of a litre of petrol, diesel and kerosene to go up drastically.
As if that’s not enough, Uhuru also recommended excise duty on bank and mobile phone money transactions and internet data services.
Mobile phone transaction excise duty will shoot up from 10% to 20%, excise duty on bank transactions will increase from 12% to 20% and the cost of internet data services also goes up to 15%.
The Finance Bill, 2018 which Uhuru signed into law on September 21st is the genesis of this heavy taxation. It introduced a bundle of new taxes that will see Kenyans pay more for basically everything.
My money is deducted for a housing project I have no say over
KTN anchor Lindah Oguttu reacted angrily to the new monthly deductions from salaried Kenyans. She blasted the 1.5% deduction which she termed as broad daylight theft since Kenyans who are deducted have no say over Uhuru’s housing project.
“Yaaaani I dont even know what to feel….So my money will be deducted….for a housing project that I have no say over….with almost NIL probability that I will actually get to own one of those houses…..all these at ZERO option…….and am supposed to act like its ok? Nkt,” Lindah Oguttu tweeted.
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