The alert is structured according to the tax heads and sectors affected and provides an insight on how the changes introduced could impact your business.
The Tax Laws (Amendment) Bill, 2018 dated 10th April 2018 was listed for its first reading in Parliament on 17th April 2018. The Tax Laws (Amendment) Bill proposes to introduce some new provisions and amendments on some existing issues in the Income Tax Act (“ITA”), Value Added Tax (VAT) Act and Stamp Duty Act.
The Kenya Tax Laws (Amendment) Bill, 2018 was tabled to introduce a withholding tax on betting and to move most categories of goods from zero rated status to exempt status. Read more of the proposals here.
Download PDF - 192 KB
The President of Kenya on 13 September 2016, assented into law the Finance Act, 2016.
Download PDF - 426 KB
The Ethiopian Ministry of Finance and Economic Development (MoFED) issued transfer pricing rules effective 12 October 2015.
Download PDF - 55 KB
The VAT (Amendment)Act 2016 was assented to by the President on 4 August 2016, a law whose objective is to amend the VAT Act 2013.
Download PDF - 224 KB
The Income Tax (Set-Off Tax Rebate for Graduate Apprenticeships) Regulations, 2016 are now published.
Download PDF - 162 KB
Finance Bill, 2016 - Managing change
Download PDF - 276 KB
Government listens to compliant tax payers and scraps withholding VAT
Download PDF - 164 KB
The recently enacted Excise Duty Act, 2015 which became law effective 1 December 2015, repealed the excise duty provisions of the Customs and Excise Act, Cap 472.
Download PDF - 140 KB
The President assented to the Tax Procedures Bill on 15 December 2015. The Cabinet Secretary for the National Treasury, via a notice in the Kenya Gazette, appointed 19th January, 2016 as the date which the Tax Procedure Act came into operation.
Download PDF - 147 KB
The provisions of the treaty will apply from 1 January 2016 for amounts held at source, and for years of assessment (South Africa) or years of income (Kenya) beginning on or after 1 January 2016.
Download PDF - 116 KB
With the view of establishing Kenya as the pre-eminent business hub in the region, the President on 11th September 2015 assented to the Special Economic Zones Act, 2015 (“SEZA” or “the Act”) which provides for the establishment of special economic zones (SEZs) in Kenya. The Act will come into operation on 15th December, 2015. Licensed entities under the SEZA will be able to benefi t from tax incentives which include income tax exemptions, value added tax exemptions, customs and excise exemptions and work permit quotas amongst others.
Download PDF - 204 KB
The Finance Act 2015 was enacted on 11 September 2015. The Act introduced new provisions that were not contained in the Finance Bill, 2015 (which we included in issue 25 of AfriTax) and provided clarification on some issues that were not clear.
Download PDF - 207 KB
Download PDF - 270 KB
Download PDF - 317 KB
Stephen Okello
Valentine Maina
