Tag: Housing Levy
Court Upholds Housing Levy: A Landmark Ruling in Finance Act 2023
A recent court ruling has overturned previous decisions that deemed the Housing Levy in the Finance Act 2023 unconstitutional. Initially dismissed due to a lack of legal framework and impact on formal workers, this ruling now allows for its resumption. This is a crucial victory for President William Ruto's affordable housing initiative, despite criticisms of its uneven financial burden distribution.