LSK threatens to sue Gov't over Finance Bill 2024

The Law Society of Kenya (LSK) has warned of potential legal action if the proposed Finance Bill, 2024 passes unaltered, citing the removal of crucial exemptions that undermine past legislative gains.

Key issues the LSK is raising include increased excise duty on telephone, internet data, and money transfers from 15% to 20%, a rise in the import declaration fee from 2.5% to 3%, and the removal of exemptions for electric vehicles and others, impacting eco-friendly transport.

The society highlights that higher motor vehicle taxes will affect insurance uptake and customer costs, while the Eco Levy will raise business expenses.

The removal of the prohibition on the commissioner from issuing agency notices when a taxpayer appeals could lead to injustices and the KRA's proposed unrestricted access to personal data threatens privacy and risks misuse.

The lawyers’ body is asking Parliament to ensure public participation is factored into the decisions made.

“We have reached some instances on the concerns we have on the Finance Bill and in the event that they are ignored without any consideration, our commitment to the protection of the rule of law, we will go to court for the court to decide on the same,” said LSK President Faith Odhiambo in a press address on Tuesday.