Further to our alert on Finance Bill 2021, we are pleased to share with you a tax alert on with respect to the tax and other business changes enacted through Finance Act 2021 (the Finance Act”). As you will note, most of the changes proposed under the Bill were enacted through the
The Finance Bill, 2021 (the Bill) was published on 30 April 2021. The Bill seeks to amend the following Laws: Income Tax Act (ITA), Value Added Tax (VAT) Act, Excise Duty Act, the Miscellaneous Fees and Levies Act, 2016, Tax Procedures Act (TPA), Capital Markets Act, Kenya Revenue Act, Insurance Act, Retirement
Conservatory Order (Minimum Tax) Petition No. E005 of 2021 ruling. We would like to provide a quick update on court’s issuance of interim injunction orders on implementation of minimum tax by the Commissioner. In view of the above, please note that in the event that KRA wins the petition,
