×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

More forces oppose 5 per cent rise in rental tax

Stakeholders in the property market are up in arms against the National Treasury’s proposal to increase taxes on rental yields. The proposal is contained in the Finance Bill 2020.

This, they note will hurt landlords who will in turn pass the high rent to tenants already battered by the pandemic.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in