Taxman targets ‘Mukuru, Kariobangi’ landlords

The tax amnesty on rental income recently announced by the Government was meant to encourage compliance by landlords mainly in the lower-end of the property market, says the taxman.

In his budget statement this year, Treasury Cabinet Secretary Henry Rotich waived interest and penalties on rental income due for 2013 and prior as well as any penalty and interest for 2014 and 2015.