Legal Alert | Kenya | Changes to Tax Laws - Africa Legal Network

Legal Alert | Kenya | Changes to Tax Laws

 

Tax changes are usually introduced annually through the Finance Bill, but in a break with tradition, the Tax Laws (Amendment) Act, 2018 (No 9 of 2018) (the Tax Laws Act) was assented to on 18 July 2018 and published by the Government Printer on 25 July 2018.

The changes introduced need to be understood in the broader context of the overhaul of the Income Tax Act, Cap 470 and the Government’s Big Four Agenda announced in June 2018. The​ overhaul of the Income Tax Act is meant to modernise Kenya’s tax code, while the Big Four Agenda is focused on enhancing manufacturing, food security and nutrition, universal healthcare and affordable housing.

Click here to read a more comprehensive overview of the proposed tax changes.

Should you have any queries or need any clarifications with respect to the above, please do not hesitate to contact Daniel Ngumy or Kenneth Njuguna.

   
Daniel Ngumy
Partner
dng@africalegalnetwork.com
Kenneth Njuguna
Senior Associate
kkn@africalegalnetwork.com

The content of this alert is intended to be of general use only and should not be relied upon without seeking specific legal advice on any matter.

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