HomeNewsKENYAN ARTISTS RAISE THEIR DISAPPOINTMENT ON THE 15% PROPOSED TAX ON THE...

KENYAN ARTISTS RAISE THEIR DISAPPOINTMENT ON THE 15% PROPOSED TAX ON THE CONTENT CREATORS

Published on

Kenyan artists are raising their disappointment on the newly proposed bill to have artists deducted 15% of their pay.

One of the proposals in the Bill is the taxation of payments made to digital creators.

Among them was Kenyan Comedian Eric Omondi telling the Government to not tax content creators as they work so hard to come up with content in a press briefing at KNT he defined taxing content creators as daylight theft.

Abel Mutua also disagrees with this act, saying that the Government should look for other better ways to generate revenue rather than revolving on a specific group of people.

Abel Mutua

“Government should get this right, just increase the number of people being taxed…. There are a lot of people who are earning and are not being taxed……. the government should find ways of making sure that everyone who earns pays the tax…. But do not overtax the small number of people you have” Abel lamented.

He said that it would be even better to create more opportunities for people so that they can tax them.

Philip Karanja also shared his thoughts, saying that taxing the content creators would be wrong as it would kill the industry before they even establish themselves. Adding that it would be hard to reestablish to their business.

These are just some of the few creatives who have decided to go public and talk about it.

Content creation has grown over the years, and creators earn a living through sponsored content, digital campaigns, or ad revenue from platforms such as YouTube, TikTok and Facebook. Under the current taxation regime defined by the Income Tax Act (ITA), certain digital payments made are subject to withholding tax, while others may not fall under the provisions of the ITA. Payments made by taxpayers to digital content creators will be subject to a 15% withholding tax rate, according to the new proposed legislation. Considering the fact that the definition of digital content monetization has been expanded to include various types of content and services.

If the said proposed bill is approved it should be effective from September 1st 2023.

KeNYAN ARTISTS VIEWS ON THE 15% TAX DEDUCTION

Latest articles

Cleophas Malala Calls Out Ruto Over Gachagua’s Impeachment

Former United Democratic Alliance (UDA) Secretary-General Cleophas Malala has strongly criticized President William Ruto...

Willis Raburu celebrates wife with a heartfelt message as she turns a year old

Media Personality Willis Raburu, who is also a strategist and consultant, has celebrated his...

Options for DP Rigathi Gachagua After Senate Impeachment

Deputy President Rigathi Gachagua faces an uncertain future after the Senate voted to impeach...

High Court Issues Orders Stopping Gachagua From Being Replaced

The High Court in Nairobi has issued a conservatory order temporarily halting the appointment...

More like this

Cleophas Malala Calls Out Ruto Over Gachagua’s Impeachment

Former United Democratic Alliance (UDA) Secretary-General Cleophas Malala has strongly criticized President William Ruto...

Options for DP Rigathi Gachagua After Senate Impeachment

Deputy President Rigathi Gachagua faces an uncertain future after the Senate voted to impeach...

High Court Issues Orders Stopping Gachagua From Being Replaced

The High Court in Nairobi has issued a conservatory order temporarily halting the appointment...

Netizens react to Kindiki’s nomination as deputy president

Following the impeachment of Rigathi Gachagua on Thursday night, President William Ruto has nominated...

Controversial tweets painting Morara Kebaso as a con back in 2015 resurface online

Morara Kebaso has been making headlines following his commitment to fight the current government...

Gachagua’s legal team moves to court to contest his impeachment

Early morning, the legal team representing former Deputy President Rigathi Gachagua moved to court...