Legal Alert | Kenya | Finance Bill 2017: The Winners and The Losers

The National Budget was presented by the Cabinet Secretary to the National Treasury on 30 March 2017. The Finance Bill 2017 (the Bill) has subsequently been published, pending tabling before the National Assembly for debate and approval. We have analysed the key changes that have been proposed for introduction to the taxation regime by the Bill.

It is expected that the Bill will be enacted into law later in the year, although pursuant to the Provisional Collection of Taxes and Duties Act, the Bill has effect on the effective dates specified in the Bill as if the Bill were passed into law. Please click here to read our detailed of the analysis of the Bill.

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
Kenneth Njuguna
Senior Associate

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.