Webassets.kpmg.com WebOur revised 2024 tax legislation and booklets have been updated to include the Finance Act, 2024 as well as all legal notices issued up to 30 June 2024. ... Income Tax Act, 2024; East African Community Customs Management Act, 2024; Value Added Tax Act, 2024 ... Tax Services, PwC Kenya. Tel: +254 (20) 285 5739. Email Get in touch. Hide ...
Income Tax Act Cap 470 (Revised Edition, 2024)
WebMay 11, 2024 · The Finance Bill, 2024 was published on 5 th May 2024. The reason for publishing the Bill early, as was the case in 2024, is to ensure that the Bill is assented to by the President by 30 th June 2024, so the proposed changes to certain tax provisions in the Income Tax Act, Value Added Tax Act, 2013, Excise Duty Act, and Tax Procedures Act, … WebApr 12, 2024 · This is a clean-up of the Income Tax Act. Prior to enactment of the Finance Act 2024, Section 15(4) of the Income Tax Act limited the period within which a taxpayer could utilise tax losses to the year in which they arose and the subsequent 9 years of income. The proviso under Sec 15(4A) provided a window for a taxpayer samsung s10 will not turn on
Kenya - Corporate - Significant developments - PwC
WebApr 27, 2024 · Corporation tax rate reduced from 30% to 25% effective 1 st January 2024. However, the withholding tax rate on dividend payments to non-residents has been increased from 10% to 15%. The various tax incentives for new listings or introductions on an approved securities exchange have been eliminated. WebJun 30, 2024 · The Finance Bill, 2024 had proposed to increase the tax rate of the digital services tax from 1.5%. to 3% of the gross turnover. This proposal has now been dropped and the tax rate for digital services will remain at 1.5%. The Act has excluded from the ambit of the digital services tax, income earned by a nonresident person with a permanent ... WebIncome Tax CAP. 470 CHAPTER 470 INCOME TAX ACT ARRANGEMENT OF SECTIONS PART I – PRELIMINARY Section 1. Short title and commencement 2. Interpretation PART … samsung s10 wifi specs