File name: Finance Bill 2024 Kenya Summary Pdf
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👉Finance Bill 2024 Kenya Summary Pdf
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The Bill has replaced the DST with Significant Economic Presence Tax (SEPT). SEPT will be applicable to non-residents deriving income from digital marketplace business in Kenya. Tax . The Finance Bill, outlines tax regulations and financial policies proposed by the Kenyan Parliament. Download a PDF document that summarizes the proposed tax changes in the Finance Bill , which aims to boost domestic revenue and align with Kenya's Vision The document . The Finance Bill, (“The Bill”), was tabled to the National Assembly on for the first reading. The proposals in the Bill are likely to have a significant impact on stakeholders if implemented as it is. In this Tax Alert, we analyse changes proposed by the Bill and the potential implications. Download a PDF document that summarizes the proposed tax changes in the Finance Bill , which was presented to the parliament on 9th May The bill affects income tax, value added tax, excise duty, tax procedures and other laws. At a macro-economic level, Kenya’s economy has demonstrated resilience, growing by % in the first three quarters of , exceeding global and regional averages. The projected growth for 20is %, driven by private sector growth, service sectors, agriculture, and policy measures supporting BETA.