Recent months have seen a sustained increase of instances whereby both companies and their respective directors have been charged with tax offences before various courts....
Continue reading
Landlords in Kenya are required to account for tax on rental income either on monthly basis or annually depending on the nature of the rental income received....
Continue reading
The High Court of Kenya issued a ruling on 19th April 2021 granting conservatory orders restraining the Kenya Revenue Authority (KRA) from implementing and enforcing the minimum tax provisions pending the determination of a petition challenging the constitutionality of the minimum tax provisions, that is, Section 12D of the Income Tax Act (ITA)....
Continue reading
Section 35 (1)(c) of the Income Tax Act provides that any person making payment to any non-resident person is required to withhold tax on payments of rent, premium or similar consideration for the use or occupation of property....
Continue reading
Installment tax is advance tax which is payable during the year of income. This is done before the accounts are done and finalized at year end in order to establish the actual tax payable....
Continue reading
For further information or assistance on the above kindly email us via tax@cmadvocates.com. ...
Continue reading
The Data Protection Act, No. 24 of 2019 (the DPA), introduced various concepts and principles aimed at bringing to life the right to privacy enshrined under our Constitution. ...
Continue reading
In the wake of increased cases of the spread of Corona Virus (COVID-19), we hope you are well. Effective 1st January 2021, there are various changes in tax rates which were introduced through the Tax Laws (Amendment) No. 2 Act of 2020 that was assented to by the President on 23rd December, 2020 and published on 24th December 2020. ...
Continue reading
This is to inform you that the government has announced that it is processing tax waiver applications. Through a Public Notice, the Kenya Revenue Authority (KRA) informs that it has finalised the roll out of the iTax system enhancements for processing of the waiver applications and has embarked on clearing its backlog. ...
Continue readingCopyright is an (intellectual) property right conferred to Works such as musical, literary, artistic, sound recordings, broadcasts, audiovisual and photographic creations inter alia. A Work is eligible for copyright protection if it is original to the creator, reduced into material/fixed form and the author must be a qualified person....
Continue reading