The National Treasury has recently hinted at significant changes to the country’s tax regime, with possible reductions in the income tax rate from 30% to 25%, a decrease in Value Added Tax (VAT) from 16% to 14%, and potential decrease in Pay-As-You-Earn (PAYE). These changes could bring relief to taxpayers and businesses alike. While the […]
INSIDE THE GOVERNMENT\’S PLAN TO LOWER TAX RATES Read More »
Tax
The National Treasury has recently hinted at significant changes to the country’s tax regime, with possible reductions in the income tax rate from 30% to 25%, a decrease in Value Added Tax (VAT) from 16% to 14%, and potential decrease in Pay-As-You-Earn (PAYE). These changes could bring relief to taxpayers and businesses alike. While the
INSIDE THE GOVERNMENT\’S PLAN TO LOWER TAX RATES Read More »
TaxThe National Treasury has recently hinted at significant changes to the country’s tax regime, with possible reductions in the income tax rate from 30% to 25%, a decrease in Value Added Tax (VAT) from 16% to 14%, and potential decrease in Pay-As-You-Earn (PAYE). These changes could bring relief to taxpayers and businesses alike. While the
INSIDE THE GOVERNMENT\’S PLAN TO LOWER TAX RATES Read More »
Tax
Introduction The Tax Procedures (Amendment) Bill, 2024, seeks to introduce several key amendments to the existing Tax Procedures Act. This Bill, which was recently presented to the Kenyan National Assembly, aims to enhance the efficiency of tax administration and address specific challenges in tax recovery. The proposed amendments, if enacted, will have significant implications for
OVERVIEW OF THE TAX PROCEDURES (AMENDMENT) BILL, 2024 Read More »
new laws, Tax