Pursuant to a notice issued by the Ministry of Lands and Planning (“MOLPP”) on 9th May 2021, long term leases supported by architectural drawings shall no longer be registered with effect from 10th May, 2021....
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The Voluntary Tax Disclosure Program (VTDP) is where a taxpayer confidentially discloses any tax liabilities to the Kenya Revenue Authority (KRA) for the purpose of being granted relief of penalties and interest of the tax disclosed taxes. ...
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Do you know that for most companies, the first minimum tax payment is due next month in April? Minimum Tax was introduced by the Finance Act 2020 with effect from 1st January 2021. The aim is to ensure that every person makes a fair and just contribution to the provision of government services regardless of the person’s profit position. ...
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On 25 February 2021, The Kenya Revenue Authority (KRA) issued a public notice directing that effective 1 March 2021, the service of Notices of Appeal to the Commissioner should be done through iTax. This applies to cases at the Tax Appeals Tribunal (TAT), the High Court and the Court of Appeal....
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A new tax known as Digital Service Tax (DST), introduced by the Finance Act 2020, comes into effect on 1st January 2021....
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In the wake of increased cases of the spread of Corona Virus (COVID-19), we hope you are well. Effective 1st January 2021, there are various changes in tax rates which were introduced through the Tax Laws (Amendment) No. 2 Act of 2020 that was assented to by the President on 23rd December, 2020 and published on 24th December 2020. ...
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