Losers who will pay the heaviest taxation fees in Nairobi and why

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Tax is a word dreaded by most earners in a country.This is because it affects people’s big or mall budgets as a matter of fact many have been tempted to evade the necessary practice putting them at the risk of huge trouble with the law.

In the new bill passed by the County Assembly yesterday evening,betting firms, taxi companies, and corporates were slapped with the heaviest fees under new taxation measures approved by the county assembly on Tuesday evening.

The betting firms firms will  have to dig deeper into their pockets to finance their operations after city hall slapped them with several charges.

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Uber, Taxify, Little Cab and other large transport companies with a capacity of over 100 vehicles will be required to pay Sh300,000 a year.

Those with a fleet of between 51 to 100 vehicles will part with Sh100,000, whereas those with less than 50 vehicles will pay a yearly fee of Sh50,000.

Mbatia explained that as it currently stands, the taxi-hailing app companies do not pay for any operational licences. “We will not charge the drivers but the company itself. For example, Uber has an office in Westlands, thus it will be required to pay the fee,” he stated.

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Nairobi County Budget chairman Robert Mbatia

Putting up a casino in the city will cost Sh1 million, an annual licence fee of Sh300,000 and renewal fees of Sh10,000.

If the casino wishes to transfer its location it will be required to pay Sh200,000. Penalties for failing to pay for casino and betting premise licences will attract a fee of Sh1,000,000. Any betting establishment found to allow minors into its premises will be fined Sh100,000.

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Private motorists, property owners and schools are among the biggest winners following the reduction of various fees levied by the Nairobi County government.

The reduction of parking fees for private motorists from Sh300 to Sh200 is the highlight of the Nairobi County Finance Bill, 2018, aimed at financing the Sh34 billion budget for the 2018-19 financial year.

Are you in favour of the new passed bill?

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