alma wrote:The basis of this thread are fundamentally wrong.
There has been no tax increase!
So when someone can post here and say that they will cheat to avoid paying taxes coz HIS gov't is corrupt, exactly what does he expect those in HIS gov't to do? Be honest?
Again there has been no tax increase.
If, when you got your rental property you did not compute the impact of income tax on you, then you were cheating. Just like the squatters in Syokimau, you were going to pay one day.
The time has come so please stop using words like bad for the country, the thread should be moderated etc.
You are a cheat and you've been caught. Ripa!
When you say that properties with tu rooms will boom again realise that you may be talking about another illegality where you build substandard houses against the building code. I'm sure a4 can educate on those tu rooms you are talking about.
Again another illegality to hide from doing the right thing which is to pay tax. When will you stop?
In the end mbio za sakafuni huishia ukingoni.
So please pay your taxes and stop trying to make this a national crisis or a property investment crisis.
Those who've been paying their taxes will feel absolutely no effect with this.
Those who are complaining are the tax evaders and they should be treated with the contempt they deserve.
It is not a national issue. It is a personal issue which has absolutely no effect on the country other than increasing the national coffers from tax evaders.
Have a cup of tea/coffee on me!
The problem with Kenyans is that they like to
pretend they don't know the law, even when it is right in front of them.
For many years Kenyans have filled-in tax return forms (LIKE THIS ONE:
http://www.kra.go.ke/notices/pdf2012/IT12011.pdf) and right there on page one, you will find
PART C: RENTAL INCOME!
That section was put there long before Njeru Githae was born!!!!!
BUT when some ignorant news reporter (are there any informed news reporters in this country?) goes on air and proclaims that the minister has introduced new taxes on rental income, Kenyans buy the lie hook, line and sinker.
Here is Githae's budget statement:
http://www.treasury.go.k...-statement-distribution
Some one show us where the Minister said that there will be a new tax on rental income.
What I read is para 91:
91. Mr. Speaker, over the recent past, many patriotic Kenyans have invested heavily in real estate thereby promoting access to housing for our people. To ensure fairness and also allow this class of citizen to contribute toward our nation building, the Kenya Revenue Authority will shortly embark on mapping out all residential and commercial areas and implement a comprehensive strategy to ensure that all landlords are effectively brought into the tax net and all rental income taxes due are paid.That is NOT and introduction of new tax! It is ensuring that the tax due is paid in full.