Finance bill 2024 amendments | Business Redefined

On June 25th, 2014, the Finance Bill of 2024 sailed through the Committee Stage of the Whole House with Members of Parliament expeditiously endorsing amendments to, among others, increase the Railway Development Levy from 1.5% to 2.5%; extend the Tax Amnesty Programme by another 9 months to March 2025 & rescind the proposal to slap Value Added Tax on banking & financial services. This episode of Business Redefined broke down the amendments endorsed by the House & what they meant for Kenyan households & businesses.

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