Housing levy is a tax, says Finance Committee chair Kuria Kimani

National Assembly Finance and Planning Committee Chairperson and Molo MP Kuria Kimani. [Courtesy, Twitter]

National Assembly Finance and Planning Committee Chairperson Kuria Kimani now says that the Housing Fund, proposed as a levy in the Finance Bill 2023, will now be implemented as a tax.

Speaking during an interview on Citizen TV on Tuesday, June 13, Kimani explained that the decision to change it to a tax was made in response to the requests and feedback received from Kenyans during the public participation exercise on the proposed Finance Bill.