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Sep 2 results
18:15
18:15

Mixed Reactions as KCCA Passes New Property Tax Rates 3

Milly Nabwami, a Landlord in Kamwokya Kifumbira zone 2 has welcomed the new rates but says it is still high and hard to meet. Nabwami owns four rooms that she rents out at Shillings 80,000 each. She says that the property valuation exercise, KCCA asked her to pay Shillings 60,000 for each house hence Shillings 240,000 a year for her four rooms, which she says sounds reasonable.
19:35
19:35

KCCA Passes New Property Tax Rates 3 1

The new rates are 4% of taxable value of properties generating five million and below and 6% for properties attracting revenue of five million shillings. Currently, KCCA charges a flat rate of 6% of the taxable value on commercial properties.
Sep 2 results