Introduction
In Kenya, 2017 national elections are over at least the balloting. It is noteworthy that none of the eight (8) presidential contenders spoke in details about tax.
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(Photo by Waka)
Introduction
For the first time, the Gulf Cooperation Council (GCC) countries are introducing Value Added Tax (VAT).
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(Photo by Waka)
The question of the number of voters and…
The most anxiously awaited date in Kenya second…
Tax authorities smile at the potential availability of…
One and a half days to file 2016…
After a few years it is campaign time…
Churches are expected to comply with the laws…
I received the following message on 06/05/2017, 11:08 through Whatsup from a good friend about the salary increment by the President:
“The lowest salary in Kenya was 12,593 and it was non-taxable. The president announced an increment by 18% which will see the lowest salary rising to 14,859.74. This new pay is within the taxable bracket of 15%, which you will be deducted 2,228.96, Then you will go home with a net pay of 12,630.78 na Bado NHIF, Bado NSSF….. This is brain mathematics… Tricky indeed… Let’s face it… From 12,593 to 12,630.78, Uhuru just added Ksh 37.78 to the lowest paid worker… ”
Introduction
During the reading of the National budget for 2017/18 in March 2017, the Cabinet Secretary (CS) for the National Treasury proposed several changes which were incorporated in the Finance Bill, 2017.
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Some of the tax proposals were specific to Special Economic Zones (SEZs).
