Tax Changes Archives -

Contractors and suppliers discussing the new levy order 2023 enacted by the Public Procurement Regulatory Authority.

New Levy Order 2023 on Government Contractors and Suppliers Starting September

New Levy Order 2023 in summary: The Kenyan government has applied a new levy on contractors supplying goods and services to the country’s national and county governments. The government officially set the new levy in effect through the Public Procurement Regulatory Authority (PPRA). Through the Levy Order, 2023, PPRA mandates that the new levy takes […]

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Capital Gains Tax: What You Need To Know

What is Capital Gains Tax (CGT)? Capital Gains Tax (CGT) is a tax that is levied on gains that a company, individual, or partnership makes from the transfer of property situated in Kenya. CGT is applied regardless of whether the property was acquired before January 1, 2015. In addition, CGT is also levied on gains

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Employment Taxes Changes as per the Finance Act 2023

Leave a Comment / Employment Tax Changes, Finance Act 2023, Tax Changes, Tax Laws / Tax Affix Limited

The Finance Act 2023 has caused a shift in the employment taxes landscape. Let us explore some of the changes and how they will impact you as an employee or employer. Revised Tax Rates: Tax Band Annual Monthly Rate On the First 288,000.00 24,000.00 10% On the Next 99,996.00 8,333.00 25%

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