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...
KENYA NATIONAL BUDGET The current state of engagement between the state and the public on matters related to budget allocations, expenditures, and actual service delivery outcomes is mostly focused on...
The National Treasury has finalized the Draft 2021 Budget Policy Statement for the MTEF FY 2021/22 -2023/24 budget which is available at the National Treasury website www.treasury.go.ke. and it invite...
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...
In Kenya’s national finance cycle, the Energy, Infrastructure and ICT Sector (EII) comprises nine sub-sectors namely: Energy and Petroleum; Infrastructure; Transport; Shippin...
The Kenya budget cycle is well on its way and is in fact half way through with the National Treasury and Planning having just concluded the public hearings for FY 2021/22 and Medium-Term budget propos...
10.7%
Growth in broad money supply, M3, improved to 10.7
percent in the year to September 2020 compared to a
growth of 6.5 percent in the year to September 2019....
The National Treasury and Planning published a public statement on the status of payments to county governments. The Statement was published to inform citizens about the quantum of funds transferred t...
A report on the role that digitization shall play in financing a sustainable future was released this week by the UN Secretary General Task Force on Digital Financing of the Sustainable Development Go...
The Kenya Revenue Authority held a Stakeholder Engagement on Thursday, August 13, 2020 to create awareness of the provisions of the Finance Act 2020....
Setting Trends Earlier this week, KRA released a press statement highlighting the findings of OECD report on corporate taxation. The Global report has identified Kenya as one of the leading countries ...
TABLING OF COMMITTEE REPORT On 18th of June 2020, the National Assembly held its plenary session. Hon. Joseph Kirui Limo, the Chairperson of the Departmental Committee on Finance and Planning laid bef...