Finance Act 2018

Introduction

Finally, the Finance Bill 2018 was taken through the legislative process with various amendments.

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(Photo by Waka)

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Proposed Presumptive Tax in Kenya

INTRODUCTION

During the 2018-2019 Kenya National budget speech on 14th June 2018, the Cabinet Secretary (CS) to the National Treasury proposed introduction of Presumptive tax to replace Turnover tax.

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(Photo by George Kennedy)

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2017/18 Tax Incentives for Special Economic Zones in Kenya

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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(Photo by DK.Mikey)

Some of the tax proposals were specific to Special Economic Zones (SEZs).

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Special Economic Zones in Kenya and Tax

Introduction

30th March 2017 was the national 2017/18 budget day for Kenya. This was a first since the country is used to budget readings in June.

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(Photo by Waka)

In the budget speech by the Cabinet Secretary (CS) for the National Treasury, there were several instances where tax incentives for Special Economic Zones (SEZs) were mentioned.

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