The Finance Act, 2023 (the Act) was signed into law by the President on 26 June 2023. Unless specifically mentioned, the changes highlighted in this Tax Alert were meant to take effect on 1 July 2023. However, on 30 June 2023, the High Court of Kenya iss
According to Ms Ongaki, a person operating short-term letting is generally required to file tax returns and pay income tax on the income earned. At the same time, under the Tourism Act, any commercial income from the use of property is subject to income tax at rates between 10 percent ...
Change the visualization to a line chart. Change the visualization to a table. Notes: Data was converted from local currencies using average exchange rates of the respective year. Most recent update: Nov 2024 Source:Statista Market Insights ...
Rates Futures Crypto RangeDropdown Markets Asia Dow4,117.1917.910.44% Nikkei 22539,894.54-386.62-0.96% Hang Seng19,779.42156.100.80% Shanghai3,249.62-12.94-0.40% Sensex79,943.711,436.301.83% Singapore3,804.703.890.10% Latest NewsAll Times Eastern ...
IMF Deputy Chief Tackles Tax Backlash in Kenya Visit RelatedPosts State Mulls Tougher Social Media Regulations January 17, 2025 CMC Motors Shuts Down After Four Decades January 17, 2025 Treasury Bills Undersubscribed as Rates Fall January 17, 2025 ...
Fertility rates in Kenya are some of the highest in the world, with an average of about four children born for every woman. This, coupled with concerted efforts to abate the country’s rampant AIDS epidemic, have increased life expectancy. But Kenya’s relatively young government struggles to...
The value of investments, and the income from them, can go down as well as up, and you may not recover the amount of your original investment. You are not certain to make a profit and may lose money. Any forecast contained herein as to likely future movements in rates or prices or ...
Kenya has offered tax incentives to woo investors seeking to build factories for the manufacture of human vaccines including for Covid-19. Investors with investments of at least Sh10 billion will enjoy corporate and income taxes at exclusive rates to be negotiated with the government. ...
Lower inflation and falling interest rates are good news for these small-cap ETFs that track the Russell 2000 index. Glenn FydenkevezDec. 16, 2024 7 Best Russell 2000 ETFs to Buy Crypto is taking off in late 2024. Here's a look at some top buys. John DivineDec. 13, 2024 6 Best Cr...
2023 5-year trend Interest Income Interest Income 31.56B 32.12B 32.66B 41.05B 54.26B Interest Income Growth Interest Income Growth - 1.77% 1.68% 25.67% 32.20% Interest and Fees on Loans Interest and Fees on Loans 22.55B 22.3B 23.1B