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Motor vehicle tax unfair and ill-advised, Parliament team told

National

By Graham Kajilwa | Jun 12, 2024

Audio By Vocalize

PWC Tax Policy Lead Edna Gitachu and Association of Kenya Insurers CEO Tom Gichuhi when they appeared before the National Assembly Finance Committee during the public participation on the Finance bill, 2024 at Hilton Garden Hotel, Mombasa road on June 3, 2024. [Boniface Okendo, Standard]

The introduction of the motor vehicle tax in the Finance Bill 2024 through amendment of the Income Tax Act has been criticised by stakeholders who argue the levy is not only misplaced but also it's proposed is not scientific based.

The stakeholders among them Association of Kenya Insurers(AKI) opine that setting a minimum of sh5,000 and a maximum of sh100,00 for the tax favours individuals with more expensive cars compared to the majority who own relatively affordable vehicles.

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