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Kenya: Govt Explains Why Housing Levy is a Tax Not Saving

Kenya: Govt Explains Why Housing Levy is a Tax Not Saving

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2025-02-20 04:13:19

Deductions towards the Affordable Housing Programme are a tax, not savings, according to a clarification released by the Ministry of Lands, Housing and Urban Development.

The clarification seeks to quell the firestorm that emerged on Wednesday after the Lands Cabinet Secretary, Alice Wahome, confirmed that the current 1.5 per cent deduction on the Housing Levy is a tax, not savings.

In the clarification statement shared with Kenyans.co.ke, the government states that while the National…

Read the full article on Kenyans.co.ke

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