Matiang’i Reveals Plans to Scrap Housing Levy, Raise Tax-Free Income to KSh35,000
Source: Nairobi Wire
Summary
Jubilee presidential flagbearer Fred Matiang’i has proposed a raft of economic measures that he believes would unburden Kenyans, including scrapping the contentious housing levy introduced by President William Ruto’s administration. During an interview with NTV, the former Interior Cabinet Secretary said scrapping the levy would add disposable income in the pockets of Kenyans, offering much-needed relief. “Quite frankly, in my view, we should scrap this housing levy because it is very burdensome when you look at it,” he stated. Matiang’i further proposed raising the threshold for tax-free income to KSh35,000 to ease the burden on low- and middle-income earners. He The post Matiang’i Reveals Plans to Scrap Housing Levy, Raise Tax-Free Income to KSh35,000 appeared first on Nairobi Wire.