By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
sauce.co.kesauce.co.kesauce.co.ke
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Reading: Uproar in Mt. Kenya over newly introduced 5% farm tax
Share
Notification Show More
Font ResizerAa
sauce.co.kesauce.co.ke
Font ResizerAa
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Search
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » News » Uproar in Mt. Kenya over newly introduced 5% farm tax

Uproar in Mt. Kenya over newly introduced 5% farm tax

Last updated: March 2, 2024 11:22 pm
David Osoro 2 years ago
Share
3 Min Read
SHARE

Gathoni Wa Wamuchomba, the Member of Parliament for Githunguri, has criticized the government for introducing a tax on farm produce, despite assurances from the government that it will reconsider the law.

The newly implemented tax, which came into effect last month, will require farmers to pay at least Sh5 for every Sh100 they earn from their agricultural produce.

Wamuchomba condemned the provision as oppressive to farmers, majority of whom form her constituents.

“I repeat, Finance Act 2023 is punitive and oppressive to farmers and small businesses. This means farmers have to pay five percent of their sales,” Wamuchomba complained.

The MP highlighted the additional burden imposed by the yet-to-be-launched Social Health Insurance Fund (SHIF), which is set to replace the National Hospital Insurance Fund (NHIF).

“Small traders who earn Sh1 million per year are expected to pay 3% of their annual income tax, plus 1.5% for the housing levy, in addition to NHIF and SHIF. This is unacceptable!” Wamuchomba exclaimed.

She urged for a review of the Finance Act 2023, arguing that it places excessive burdens on Kenyan citizens.

“This needs to be revisited. If Parliament fails to act, the people will take action. God is with us,” Wamuchomba asserted.

In an unexpected turn, Deputy President Gachagua acknowledged on Friday that there are errors in the Finance Act 2023 that need to be addressed. He emphasized that the government cannot claim to support farmers while simultaneously imposing oppressive taxes on them.

The Deputy President Rigathi Gachagua further added that the provision for the tax in the Finance Act 2023 will be re-evaluated to better accommodate the needs of farmers.

Gachagua’s statement comes in response to widespread opposition from farmers regarding the proposed 5% withholding tax on agricultural products.

“On the issue of taxes passed by Parliament, we have realized there are mistakes, especially regarding taxes on farmers. I have discussed this with the President and the Treasury CS (Njuguna Ndung’u), and we will engage with our MPs. We cannot claim to support farmers while simultaneously oppressing them,” Gachagua stated.

He made these remarks during the Embu Livestock, Dairy, and Fisheries Exhibition held at Kalro grounds in Embu town.

You Might Also Like

Mother and Daughter Arrested Over KSh40 Million Land Fraud in Karatina

Ndindi Nyoro Declares 2027 Presidential Bid, Pledges to Back Opposition Unity

Tigoni ‘Park and Chill’ Spot Becomes Inaccessible After Resident Digs Trench

Seven Killed After Helicopter Crashes at Mt Ololokwe in Samburu

17-Year-Old Arraigned Over Murder of Man Found Dead Along Thika Road

Share This Article
Facebook Twitter Whatsapp Whatsapp Email
Previous Article Victoria Beckham’s fashion show disrupted by animal rights activists
Next Article John Okafor (Mr Ibu) Veteran Nollywood actor Mr. Ibu passes away following surgery complications
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Latest stories

  • Mother and Daughter Arrested Over KSh40 Million Land Fraud in Karatina
  • Ndindi Nyoro Declares 2027 Presidential Bid, Pledges to Back Opposition Unity
  • Tigoni ‘Park and Chill’ Spot Becomes Inaccessible After Resident Digs Trench
  • Seven Killed After Helicopter Crashes at Mt Ololokwe in Samburu
  • 17-Year-Old Arraigned Over Murder of Man Found Dead Along Thika Road
  • Samidoh Officially Enters Ol Joro Orok MP Race, Pledges to Champion Education
  • Sharon Otieno’s Family Supports Former Governor Okoth Obado’s Plea for Leniency
  • ‘Why Should I Suffer Alone?’ Woman Reveals How She Left Children at Their Father’s Workplace
  • Married Woman Confronts Pregnant Househelp Over Alleged Affair With Her Husband

You Might Also Like

Samidoh Officially Enters Ol Joro Orok MP Race, Pledges to Champion Education

1 day ago

Sharon Otieno’s Family Supports Former Governor Okoth Obado’s Plea for Leniency

1 day ago

‘Why Should I Suffer Alone?’ Woman Reveals How She Left Children at Their Father’s Workplace

2 days ago

Married Woman Confronts Pregnant Househelp Over Alleged Affair With Her Husband

2 days ago

Pages

  • About us
  • News
  • Privacy Policy
  • sauce.co.ke

Find Us on Socials

sauce.co.kesauce.co.ke
Follow US
All rights reserved. A publication of Mercury Communications KE