Kenya: Rent Increase Fears As Landlords Targeted for Taxes

Nairobi, Kenya — Rents are likely to go up after Finance Minister Njeru Githae used this year's budget speech to direct the Kenya Revenue Authority (KRA) to map residential areas to ensure all landlords pay taxes.

Unveiling the 2012-2013 budget statement under the theme: 'Deepening Economic and Social Prosperity within a System of Devolved Government,' Githae said the KRA will implement a comprehensive strategy to hold landlords and tenants accountable despite challenges in the recent past to collect the tax.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.