- Kenyans are expected to contribute to the formulation of tax policies in the nation
Kenya-tax administration is set to receive input from the masses as they are now invited to submit proposals on tax policy measures to the National Treasury for consideration in the preparation of the Finance Bill 2023.
The move is aimed at helping the government achieve its objectives and ensure openness and accountability in tax administration.
According to the Treasury Cabinet Secretary, Njuguna Ndung’u, the proposals should be submitted in writing to the Cabinet Secretary National Treasury and Economic Planning and a soft copy sent through the email budgetproposals@treasury.go.ke on or before December 16, 2022.
Kenya-Tax Administration: Parties Invited to Submit Proposals
According to the Treasury Cabinet Secretary, government departments and agencies, the private sector, non-governmental organizations, and also individuals are part of those invited to submit proposals on tax policy measures for consideration for the Fiscal Budget for the Financial year 2023/ 2024.
Guidelines for writing the proposal
Prof. Ndungu explained that the proposals that will be sent should be in line with Economic Recovery Strategy and the country’s economic blueprint Vision 2030.
He stated that the proposal may include measures on regulatory reforms, revenue administration reforms, and other measures that can help to achieve the government’s objectives in agriculture, micro, small, and medium enterprise economy, housing and settlement, healthcare, digital superhighway, and creative economy.
He also mentioned that the submission should be specific on the proposed amendment to the tax law, supported by a statement on the issue to be addressed, and a clear justification for the proposed amendment.
At the end of the day, the main idea behind this invitation to submit proposals on tax policy measures is to facilitate the advancement of the country.
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