Azimio la Umoja One Kenya and 40 civil society organisations are pleading with the Supreme Court to uphold a decision to declare the Finance Act, 2023, unconstitutional.
The Supreme Court has granted the Kenya Kwanza government a major reprieve by temporarily allowing it to collect taxes provided for in the Finance Act 2023.
Federation of Kenya Employers says KRA had not adjusted its tax systems to reflect the ruling by the Court of Appeal despite the refusal by the Supreme Court to issue stay orders.
State argues that it stands to lose Sh164 billion in tax revenues should Act be scrapped. Court decision means cheaper petroleum products, while PAYE for top earners would reduce.
Experts have voiced their opinions on yesterday’s Court of Appeal ruling that declared the Finance Bill 2023 unconstitutional.
The government might have to further cut down its spending after the Court of Appeal declared the Finance Act 2023, unconstitutional.