Taxing businesses on profits as it has always been means that loss making entities comfortably escape the taxman’s noose. Bear in mind that the onus of determining profits or losses rests on the tax...

The Central Bank of Kenya has come up with Kenya National Payments Vision and Strategy 2021-2025 to regulate this area more effectively. The paper is open for public participation until the 31st of Ja...

In order to expand the tax-base in the country, the government, through the Finance Act 2020, has introduced a raft of new tax measures which took effect on 1st January, 2021. One of the tax measures ...

Kenya has greatly been affected by the outbreak of Covid-19 that was subsequently declared a global Pandemic. Businesses had to minimize their activities due to the Pandemic. This led to job cuts, unp...

SPECIAL FEATURE: The Kenya Government has reiterated its commitment in implementing international standards on transparency and exchange of information for tax purposes as part of a national effort to...

Per statistics by the World Bank, Kenya is set for a relatively short setback from COVID-19 with a s 4 percentage-point dip in growth this year, and 5.2 percent growth returning in 2021. This is still...

On 27th November, 2020, the Kenya Revenue Authority (KRA) hosted an online sensitization forum on Digital Service Tax (DST). In his presentation, Mr. Nickson Omondi provided highlights of the policy a...

Introduction The Consolidated Government Investment Report 2019/2020 (“the Report”) is put together in accordance with Section 89 of the Public Financial Management Act, 2012.  The Section re...

The Commissioner General of the Kenya Revenue Authority was nominated as a Member of the Governing Council of the Africa Tax Administration Forum (ATAF). He was voted during the ATAF General Assembly ...

The main objective of the occasion was to recognize taxpayers from various sectors of the economy for their contribution towards nation-building. This year’s celebration is anchored on the theme; �...

The 6th Annual Tax Summit that took place on the 4th and 5th of November, 2020, sought to advance conversations based on the four strategic goals that guide its 7th Strategic Plan by driving public a...

The commendable progress made so far can only mean one thing: the days for tax evasion perpetrators are continually diminishing. Through such collaborations, the country is now better equipped to eman...