Why MPs should reject the push for annual tax on freehold land

Parliament in session. FILE PHOTO | JEFF ANGOTE | NMG

From routine enquiries, one appreciates that some leaders aren’t yet sufficiently informed about the proposed annual levy on freehold land in the amendments pending enactment into law.

Let’s close this gap. Holders of leasehold properties in rateable jurisdictions in Kenya currently pay annual rates. In addition, those who are lessees to the government, meaning that they have been leased the land for a term of years by either the county or national government, pay an annual rent.

PAYE Tax Calculator

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