MPs reject bid to cut counties funds on missed targets

The 13th Parliament in session. 

Photo credit: File | Nation Media Group

Parliament has thwarted a bid to force counties to forgo part of their equitable share as part of equally sharing the burden of missed revenue targets with the national government in the financial year ending June 2025.

Lawmakers on Tuesday voted to adopt the recommendation by the National Assembly Budget and Appropriations Committee to delete a proposed clause in the Division of Revenue (Amendment) Bill, 2024 that if passed, would have forced all counties to forgo billions of shillings equivalent to not more than 15 percent of the revenue shortfall.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.