Introduction VAT special table is a mechanism implemented in i-Tax to enhance VAT compliance where certain categories of VAT registered taxpayers are restricted from performing certain processes. The following are categories on boarded on the special table: 1. Payment Returns without Payments (PRWPs): Taxpayers who have filed returns and not made payments for 6 months…
Legal Notice No. 105 of 2024 on 18 June 2024 (the Effective Date) by the Cabinet Secretary for the National Treasury and Economic Planning (the Cabinet Secretary) was gazetted. The legal notice sought to repeal the Income Tax (Charitable Donations) Regulations, 2007 (the Repealed Rules). Paragraph 10 of the First Schedule to the Income Tax…
Introduction On 11th December, the President assented into Law the Tax Law Amendment Bill 2024 into Tax Law Amendment Act and the provisions in the Act became effective on 27th December 2024. Following the passage of the Tax Laws, significant changes were introduced aimed at attaining the government tax collection goal. Among the changes introduced…
The recent court ruling on the Housing Levy in Kenya has sparked significant discussions. This mandatory deduction of 1.5% from an employee’s gross salary will impact thousands of Kenyans, adding to their financial burden. Employers will also contribute an additional 1.5% of their employees’ wages, resulting in a total contribution of 3% to the government’s…
Implications for Employers and Employees in Kenya’s New Social Health Insurance Landscape(SHIF IN KENYA) Executive Summary In accordance with the public notice dated 16th September 2024, issued by the Ministry of Health, the implementation of the Social Health Insurance Act, No
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