Politician Ngatia Pledges to Boost City Traders in Tax Reforms
Nairobi is currently experiencing political leaders from all walks of life aspiring various positions, the flamboyant businessman who is becoming the most vocal politician in City Politics Ngatia has attested his aptitude to transform Nairobi.
If you come across Nairobi city County, you will encounter posters of this man Richard Ngatia who has the vision to transform the City back to its initial glory, “the Green City Under the Sun”.
Speaking in morning show at a National Radio Station today, Ngatia who is also the president of the Kenya National Chamber of Commerce and Industries (KNCCI) has promised to curtail corruption at City Hall which has been the order of the day for all Governors in the past but will ensure that accountability to staffs, impartiality in service delivery and equal opportunities availed to all.
He also promised to ensure investing in Nairobi will be uncomplicated and secured.
He further pledged to reduce taxation which have been heavily imposed to Citizens.
“We must have a conversation with the Kenya Revenue Authority to see how we can support these small and micro enterprises startups through waivers for at least 7 years before you start speaking to them about taxes,” Ngatia said.
Other reforms he is proposing include capacity building SMEs on financial literacy.
“Home-grown businesses should be encouraged to keep going and where possible, they too should be offered tax incentives that will keep them profitable while also giving them headroom for expansion,” he stated.
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