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The Standard Group Plc is a
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From January, landlords will only receive 90 per cent of rental income from their tenants. The remainder will be kept aside for the Kenya Revenue Authority (KRA).
The taxman wants to collect Sh500 million from tenants, real estate agents, Government departments, agencies and ministries in the next six months in a bid to bypass landlords who have been slow in remitting rental income tax.
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