By MARY KAMANDE
Any effort by landlords to increase rents to cater for tax will be futile, Kenya Revenue Authority ( KRA) warned.
During a sensitisation forum for landlords, real estate agents, and property developers from Kiambu and Murang’a counties yesterday, stakeholders were told increasing rent would increase their income and thus tax owed to KRA.
“If you increase rent, we will be happy as your income will also increase. But what we will expect from you will be higher,” said Central Regional Manager, Florence Otori.
Otori was responding to a concern there was conflict between landlords and tenants as a result of the tax requirement.
She advised that instead of increasing rent, landlords should consider seeking other appropriate ways of getting tax relief.
“We are not encouraging conflicts. It would be at your own peril that you would increase rent,” she said.
Estate agents are also required to pay tax and advised to keep records to show what they have earned from every landlord.
