The Kenya Finance Bill 2023, which was tabled before the National Assembly on 4 May 2023 proposes radical changes to the tax regime and many of these aim to promote the government priorities.
Join Lucy Orina, a Senior Business Advisor in Tax, as she engages KPMG East Africa's Head of Tax & Regulatory, Peter Caxton Kinuthia to discuss some of the key proposals in the Bill, including;
- The mandatory National Housing Development Fund deductions under the Employment Act,
- Withholding Tax on digital content monetization,
- The introduction of a new PAYE tax band, among others.
You can access KPMG East Africa's analysis of the proposed changes and the implication for you and your business in this alert: bit.ly/3HKh74O
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