New Mukuru Affordable Housing buildings-Photo|Courtesy
Housing Levy as collateral: workers face longer tax burden
The government has unveiled plans to leverage proceeds from the 1.5 per cent Affordable Housing Levy as collateral for a KSh100 billion loan through securitisation, a move that suggests the deduction may remain a long-term fixture on workers’ payslips. Disclosures by a Parliamentary committee show that the State Department for Housing plans to take the…
