Ruled; CGT due upon sale and payment.
High Court Rules on CGT Tax Point for Share Transfers. High Court Clarifies CGT Tax Point in Share Transfers: Lessons from Haria v Commissioner of Domestic Taxes. In a decision that brings much needed clarity to the timing of Capital Gains Tax (CGT) liabilities on share transfers, the High Court of Kenya in Haria v […]
Gratuity Tax Exemption
Understanding the New Gratuity Tax Rules in Kenya Under the Finance Act, 2025 The Finance Act 2025 introduces an exemption from income tax for gratuity payments earned after July 1, 2025. Following this amendment, the KRA issued instructions for the future tax treatment. We have outlined the major elements below to assist you in understanding […]
Key Highlight of Finance Act,2025
Finance Act 2025 was signed into law on the 26th June 2025. Some of the most noticeable amendments include; Finance Act 2025 was signed into law on the 26th June 2025. Some of the most noticeable amendments include;
Allowable Deductions on Employees’ Salaries in Kenya: A Guide for 2025
Understanding allowable deductions on employees’ salaries is crucial for both employers and employees in Kenya. These deductions help determine the taxable employment income, ensuring compliance with tax laws while optimizing employee benefits. Below are the key deductions as per Kenyan tax regulations. 1. Affordable Housing Levy The Affordable Housing Levy is deducted from employees’ salaries […]
The Data Protection Act, 2019.
Is your business involved in processing and using personal data? Do you rely on sensitive information—such as names, phone numbers, identification numbers, email addresses, bank account details, or physical addresses—to provide services to your clients? If the answer is yes, then protecting your clients’ personal data must be a top priority. In today’s digital age, […]
Tax Preparation Services
Businesses are required to register with the Kenya Revenue Authority for a Tax PIN. Depending on the nature and scope of business activities they are involved in, businesses must register for all applicable tax obligations. The following is a list of Taxes payable by resident businesses in Kenya; VAT(Value Added Tax) ToT(Turnover Tax) MRI(Monthly rent […]
Key Insights on Major Proposals in Tax Law (Amendments) and Tax Procedures (Amendments) Bills, 2024.
The Tax Laws (Amendment) Bill, 2024 and Tax Procedures (Amendment) Bill, 2024 come following the rejection of the Finance Bill 2024 in an effort for the Government to revisit some of the provisions that had been proposed in the Finance Bill 2024. The Finance Bill 2024 had sought to introduce significant tax law changes which […]
Understanding Corporate Income Tax in Kenya: Key Insights
Understanding corporate income tax in Kenya is crucial for any business. Corporate income tax is charged against a business’s annual profit. The following organizations are required to pay an annual corporate income tax: Resident companies, Resident companies with business activities outside Kenya on income derived from outside Kenya, Non-resident companies on income attributed to a […]
Top Reasons You Need a Reliable Corporate Consultant During Restructuring
https://www.youtube.com/watch?v=kSXdX9fCdQ8 When navigating the complexities of major restructuring, such as mergers and acquisitions, having a reliable corporate consultant by your side is not just beneficial; it’s essential. One of the top reasons for this is the significant tax implications that arise during these processes. A knowledgeable consultant can help you identify potential tax liabilities and […]
Registering your Small Business for Long-term Success
Registering your business is an important step in ensuring its success, and it is a chance you cannot afford to pass up. This process not only legitimizes your firm, but it also provides access to a plethora of perks that can move your business forward. In today’s competitive landscape, taking the step is imperative for […]
