Increase in Excise Duty
EXCISE STAMP TAX INCREASE. IS IT THE RIGHT TIME? IS IT THE RIGHT MOVE? The Kenya Revenue Authority (KRA) proposed an increment in excise stamp ...
VAT on Export Services
16% VAT on export services is now in enforcement. Introduction The finance Act 2022 was assented into law on 21st June 2022 with some sections ...
Withholding Tax on Royalties
High Court Ruling on Withholding Tax on Royalties Introduction Ruling; Distribution and sale of copyrighted material is not subjected to withholding tax. The High Court ...
Finance Act 2022 – JM Associates LLP
The 2022 Finance Act was assented into law by the president on 21st June JM Associates LLP Finance Act 2022
JM Associates LLP 2022/2023 Budget Highlight Changes in Tax
Themed: Accelerating Economic Recovery for Improved Livelihoods, the Cabinet Secretary, National Treasury & Planning tabled a 3.3 Trillion Kenya Shillings Budget for the year 2022/2023. ...
Electronic Tax Invoice
The Kenya Revenue Authority (KRA) has set the mandatory roll out of electronic invoice for Value Added Tax (VAT) to August 1, 2021. The Value Added Tax ...
High Court Nullification of Minimum Tax
Minimum Tax Court Ruling 20th Sept The High Court led by Justice George Odunga has declared minimum Tax provisions unconstitutional and the Minimum Tax guidelines ...
Minimum Tax
Minimum Tax This will be a base income tax that will be payable by all persons regardless of whether they are making profit or not. ...
A LOOK AT THE FINANCIAL MARKETS CONDUCT BILL
The treasury has proposed a bill that will bring changes to the current financial system. These changes are to streamline and make the financial sector ...
PROPOSED CHANGES IN INCOME TAX
There are several proposed amendments to the Income tax Act in line with increasing efficiency and collection by the Kenya Revenue Authority. The agency must ...
FREE TRADE PACT TO PROPEL AFRICA TAKE OFF
The Africa continental free trade area (AfCTA) pact was created with an aim to create a single continental market for goods and services, with free ...