Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mkeiyd wrote:murchr wrote:mkeiyd wrote:murchr wrote:
ETR for what? If they have an ID why not pin? Why do we make excuses for incompetence?
How do you suggest they [farmers] will prove their receipts are genuine without ETR? Are you saying everyone who has ID has PIN? Really? FACT/REALITY is, most farmers don't have PINs and that's my friend is fault of no mine. Back to my question. Explain in NO UNCERTAIN terms how the system can/will work in Kenya and be cost-effective & fair to each and every farmer.
From a farmer making a purchase to the point of getting their rebate. Explaining should be easier than implementing. If explaining is hard, then ni kufyam! Does a farmer need a ETR machine to BUY fertilizer? Why do u jump into discussions without going thru the arguments brought forth? Rankaz was doubting the Presidents optism in the agri sector due to taxation - VAT. Now let me try to chew it for you. Small scale farmers dont depend on fertilizer as you'd want to make us believe here. They use kidogo sana if they do in most cases they rely on manure(cow dung, chicken poop or just compost). Even seeds, most small scale farmers grow back part of their last harvest. If anything, that 16% extra expense is passed to you when they hike the price do your research. Now those who can be termed as "commercial farmers" i.e they sell close to 75% are eligible to get tax rebates from the gov. Once a farm produces output of a certain amount of income, the farmer can apply to be recognized as a vatable entity and KRA will give the farm a PIN number. When they sell, they are allowed to Collect VAT ( i guess this is where the ETR is needed) and cover for the VAT paid on seeds n etc. If your farm is registered then its eligible for farmwork deductions, refunds of costs incurred on capex if and when you prevent soil erosion etc. And please understand the context of the argument before jumping with maneno bla bla @murchr, Who said a farmer needs ETR to buy anything? The farmer needs ETR to prove their claim for refund. The red part of your response,where you are guessing.Stop biting your tail. There is an agrovet shop in every part of this country,do we have large scale farmers throughout the republic? I buy farm inputs just as everybody in my village,in the Rift Valley,heck my in-laws do and their neighbors. None of us is a large scale farmer and we don't qualify under your system. The millions of us get screwed while the big fish enjoy rebates. That is one discriminative tax regime to the poor. For years, my business has never gotten any VAT refund thanks to the unscrupulous entities. There will be unscrupulous farmers if we go that way. The taxman has to be sure. That is my biggest concern. The simplest solution,exempt farm inputs,which i believe is the case. Afterall, what else can one do with farm inputs other than use them in the farm? Before i "jump with maneno bla bla", what was the context of the argument? I thought it was VAT on farm inputs. Who qualifies to be a small scale farmer? Does commercial farming amount to large scale farming?. And my friend, give it a few months and the price of food will be up there ask mama mboga if she will need an ETR machine to overcharge u on those sukumas. She'll simply tell u soko imepanda. I have given u two scenarios read the argument again. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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