Tuesday, June 25, 2024

LSK moves to court to challenge the Finance Act 2023

The Law Society of Kenya (LSK) has moved to court to challenge the constitutionality of the controversial Finance Act 2023.

Through a statement, LSK noted that the Finance Act 2023 is unconstitutional, unreasonable and unlawful thus threatening the social economic interest of Kenyans.

“The petitioner has come to this Honorable Court under extreme urgency following the decision of the Respondents to gazette and enforce the unconstitutional, unlawful and unreasonable Finance Act 2023 that introduce mandatory affordable housing levy, implementation which threatens the social economic interests of Kenyans against the principle of social justice,” said LSK through documents submitted before the court.

LSK continued by questioning the government move to force Kenyans into the housing fund scheme when they are already grappling the high cost of living caused by the high taxes imposed by the same government.

They also noted that the high taxes will cause low employment rate as investors in the country will also be struggling to maintain their businesses.

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