The Public Benefits Organizations (PBO) Act, passed into law in 2013, was meant to fulfil this need. It aimed to establish transparent and efficient regulation of civil space in Kenya, with clear rules on registration and incentives for organisations engaged in public b...
In Kenya, contributions to a registered pension scheme are tax-exempted up to a maximum of Sh20,000 per month or Sh240,000 per year. This means that by investing in a pension plan, you can reduce your taxable income by up to Sh240,000 per year, which can help to...
The Authority formulates regulations within the capital markets industry. This demands that we operate within a regulatory framework that market intermediaries need to adhere to in the course of offering their services. CMA has strived to deepen and broaden the capital markets by developing a regul...
Uganda accused Kenya of a lack of consultations while inking the deal with the Gulf majors in addition to middlemen in the importation of fuel as the neighbouring nation set in motion a plan to buy directly. The deal between Kenya and the three Gulf firms was initially meant to last f...
Financial institutions in Kenya can also leverage on the compliance structures that they have put in place to comply with a similar mandatory US anti-tax evasion law, the Foreign Account Tax Compliance Act (FATCA), which was introduced by the US tax authority to fight tax ev...
Chief executive officer of the Co-operative Association of Kenya Daniel Marube said the Co-operative Bill that is currently before the Cabinet will play a key role in enhancing membership in cooperative societies. Mr Marube said some governance issues witnessed before had deterred the ...
Tackling non-communicable disease burden in Kenya 5 min read Here is what you need to know about this condition. What happens when I have hypertension? When you have hypertension, it means the pressure against the blood vessel walls in your body is consistently too high. ...
Columnists MOROGA: What Kenya stands to lose in financial crimes grey list Feb 26 - 4 min read Login to join the discussion Don't have an account? RegisterPAYE Tax Calculator Calculate Reset Note: The results are not exact but very close to the actual.Get...
Kenya has increased its use of tax amnesties as a tool to enhance tax collection, improve overall tax compliance, and widen the tax net.
In the case of the Association of Kenya Insurers (AKI) versus Commissioner of Domestic Taxes, determined by the High Court in July 2020, conservatory orders were granted suspending implementation of some of the provisions in the Tax Laws (Amendment) Act, 2020 relating to value added...