How Dividends are Taxed in Kenya
Dividends for purposes of taxation is any distribution, whether in cash or kind, made before or during winding-up by a company to its shareholders concerning their equity interest in the [...]
Additional Taxes Will Cost 50,000 Jobs in Ride Hailing Sector- Bolt Public Policy Manager
Ride-hailing companies have protested some some of the proposed tax measures in the Finance Bill 2024, arguing that they will make it harder for them to do business, force them [...]
Inside Kenya's Business Tax Landscape
During a recent webinar hosted by The Kenyan WallStreet in collaboration with Tarra Agility Africa, a boutique international tax and legal advisory firm, we delved into the business tax landscape [...]
Bankers Fault Finance Bill 2024, Call for Consistency in Tax Policy
The Kenya Bankers Association (KBA) has faulted the new proposed tax measures in the Finance Bill 2024, arguing that it will raise the total tax on financial services, with far [...]How to File Income Tax
Income tax stands as a direct levy imposed on various sources of income, including business profits, employment wages, rental earnings, dividends, interests, and pensions, among others. Collection Methods: The mechanisms [...]Understanding Pay as You Earn (PAYE) Tax
1. What is PAYE? PAYE stands for Pay As You Earn, a taxation system in Kenya where employers deduct income tax from their employees' earnings and remit it to the [...]How to File Returns Using P9 Form in Kenya
Filing returns using P9 forms is essential for every employee in Kenya. Discover how to navigate this process effectively to meet the June 30th deadline and avoid penalties. What is [...]What Tax Experts Think About Finance Bill 2024
Broadly, the Finance Bill 2024 continues the trend witnessed last year with new taxes as well as increases in existing taxes as the Government attempts to collect more. However, these [...]Insurers Oppose Motor Circulation Tax in Finance Bill 2024
Motorists are likely to face higher risks if motor circulation tax in the Finance Bill, 2024 is implemented, Association of Kenya Insurers (AKI) has warned. Aki says this imposition will [...]More Industries Protest Finance Bill 2024
As the May 28th deadline for public participation for theFinance Bill 2024nears, more industry players have opposed proposed tax measures, arguing that it will increase the cost of goods and [...]KRA to Pay Interest on Delayed Refund on Overpaid Taxes-Finance Bill 2024
The Kenya Revenue Authority (KRA) has been put under pressure to fast track refunds of taxpayers who in the process of meeting their tax obligations make excess payments. “Where a [...]How Horizons Offices is Shaping The Future of the Workplace in Africa
Over the last few years, businesses have shifted from leasing massive spaces for their offices to finding working models that work for them and their staff. The shift to working [...]
