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Collection of Affordable Housing Levy by Kenya Revenue Authority
share article. Revenue Authority (KRA) informs members of the Public that the Affordable Housing Act, 2024 designates KRA as the ‘Collector’ of the Affordable Housing Levy (AHL). With effect from 19th March, 2024, all Employers are required to deduct the AHL from the employee’s gross salary and remit together with the employer’s ...
The Affordable Housing Act, 2024 - KPMG East Africa
The introduction of the Affordable Housing Levy is a significant change in the country’s social and fiscal regime and comes in the backdrop of the expected changes to the social health regime. The coming months will be interesting as the government prepares to release the Finance Bill, 2024 at the end of April and continues with the ongoing ...
Return of housing levy: President Ruto to assent Bill today
The new Bill, which seeks to anchor the 1.5 per cent housing levy on both salaried and income-earning Kenyans in law, was approved last week by Parliament despite opposition from Azimio la Umoja Coalition MPs who termed it unconstitutional.
Housing levy is back! Ruto assents to new Affordable Housing Bill
Show plans. President William Ruto has signed into law the new Affordable Housing Bill that reintroduces a mandatory 1.5pc levy on income months after courts declared the deductions illegal. The Head of State assented to the Bill at an elaborate event held at State House, Nairobi with top Kenya Kwanza leadership in attendance.
Seattle Housing Levy - Housing | seattle.gov
With the 2016 Housing Levy set to expire at the end of 2023, Seattle voters approved the renewal of the 2023 Housing Levy on November 7, 2023, providing a seven-year extension. With this passage, the levy will continue to play a vital role in creating affordable housing, keeping low-income families in their homes, and providing urgent help to ...
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