Senate majority Leader Aaron Cheruiyot has submitted conditions that will filter a section of kenyans from the housing levy deductions.
According to Cheruiyot, he wants to introduce ammendments to the Affordable Housing Bill 2023 that has the housing levy in it to ensure that these kenyans are exempted.
The UDA senator has also proposed changing the name from the affordable housing to the Rural and Urban Affordable Housing Act 2024.
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Kenyans To Be Exempted From Housing Levy Deductions
Cheruiyot said that individuals diagnosed with a terminal illness by a certified medical professional would be the first set of individuals that will be eligible for exemption from paying the levy.
Kenyans who are residing in a rural areas and own a certificate of the title registered in their name will not required to pay the levy if the amendments are approved.
Additionally, Kenyans that will be xempted should be engaged in agricultural farming or business activities whose annual turnover is less than Ksh288,000 per year.
Cheruiyot further proposed that Kenyans who enter into a subsisting mortgage that is not contemplated under the act should be excluded from paying the levy
Also, those Kenyans who are aged 50 and above and are engaged in informal business activities should be exempted.
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The last category is any person with less than five years remaining to statutory retirement at the time of the enactment of this act.
“The Cabinet Secretary shall provide by notice in the Gazette that the aforementioned persons are exempt from section 4 to the extent specified in the notice,” noted the senator.
The housing levy deductions were halted by the Court of Appeal on January 26 where a three judge bench ruled that the levy was suspended until the case was finalised.