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Governor Muthomi Njuki adds voice against VAT on fuel

Governor Muthomi Njuki adds voice against VAT on fuel
September 3, 2018 Eastern Newspaper

Tharaka Nithi Governor Muthomi Njuki has called for a long term solution to the 16% VAT on petroleum products noting that the government should have come up with alternative ways of raising revenue.

Speaking during an interview in one the TV stations, Njuki said the finance bill 2018 will not solve the matter as it will only delay the implementation by two years.

According to Njuki, MPs in 2016 should have quashed the law altogether to alleviate the suffering by the common mwananchi now.

“In 2016, MPs should not have postponed it (the law). That was the right opportunity for them to squash it altogether and say according to the targeted market, we are going to have suffering in this country” he said.

The House suspended the implementation of the VAT, which was to go into effect on September 1, 2018. In the event that the suspension by the Assembly is approved by President Uhuru Kenyatta, then the new interest rates will now take effect on September 1, 2020.

 

 

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