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New deduction to fund govt housing plan
Rank: Veteran Joined: 12/8/2009 Posts: 975 Location: Nairobi
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limanika wrote:1)People buying houses will buy on mortgage. Meaning they pay developer in full first and then service the mortgage polepole
2) The developers constructing the houses will spend own money and are not getting govt funding
So, tell me like a 2year old who hasn't gone to school, what is the 1.5 % deduction meant for?   Nasa hawa! You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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Rank: Veteran Joined: 11/4/2008 Posts: 1,289 Location: Nairobi
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This smells like a tax, looks like a tax and walks like a tax. Pugging in the budget deficit.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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FundamentAli wrote:This smells like a tax, looks like a tax and walks like a tax. Pugging in the budget deficit. FACT! Employer contribution will never get refunded even for non beneficiaries
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Wazua
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Club SK
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Politics
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New deduction to fund govt housing plan
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