If a new bill is proposed,
owners of freehold land near to urban areas will now have to
pay an annual land levy, just like people who live in towns or cities.
Freehold property is owned without annual
fees or charges for an infinite period of time. The majority of the nation's
ancestral lands are freehold.
Trending
Articles
Supreme
Court makes landmark decision on property titles in Kenya
Property owners in Syokimau, Kiambu,
Thika, Mlolongo, and other neighboring areas of Nairobi
will therefore be required to pay an annual land levy equal to
the rate assessed to city residents.
The National Assembly Majority Leader
Kimani Ichung'wah is the sponsor of the Land Laws (Amendment) Bill 2023,
which aims to amend the Land Act 2012 in regards to grants,
dispositions, and compulsory land acquisition.
Trending
videos
Owners of properties close to cities and
urban areas would have to pay an annual levy if the bill is approved into
law, adding to the already difficult economic situation
faced by Kenyans.
By adding Section 54A, which mandates that
owners of freehold land located inside the borders of any city or urban area
pay an amount equal to the land rent assessed in the area, the bill seeks to
amend Section 54 of the Land Act, 2012.
Read:How to Pay Land Rent on Ardhisasa
"The owner of any freehold land or
property situated within the boundaries of any urban area or city shall pay an
annual land levy equivalent to land rent charged on a comparable leasehold land
or property of the same size in the same zone," read part of the bill.
The original clause in Section 54
of the Land Act 2012 addressed the conditions that Kenyans had to meet
in order to be eligible to own land.
"If a person has become entitled to
any land, lease or charge under any law or by virtue of any order or
certificate of sale made or issued under any law, the Registrar, on the
application of any interested person supported by such evidence as the person
may require, shall register the person entitled, as the proprietor," read
part of the Act.
Read
full story here
Read
more
1.
KRA Requests For KenyanAirbnb Hosts Data In Ongoing Taxation Drive
2. Tax
Considerations for Short-Term Lettings (Airbnb) in Kenya: Ultimate Guide
-(1).png)
