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The Kenya Revenue Authority's (KRA) announcement to tighten the noose around landlords' necks regarding rental income tax was a setback for landlords. As landlords, we have a WhatsApp Group where the majority of members are considering several options to counter the KRA move, including slapping tenants with notices to increase rent beginning January 1, 2023 to break even. Some of us are even considering hiding information from the KRA, but owning an apartment building may be difficult to conceal.
Jeff, Nairobi
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