Read our insights

In this alert GT is sharing key highlights of the changes adopted from the proposed Finance Bill 2023 affecting different tax streams highlighted above.

In this issue, we review the key tax measures that have taken place in selected African countries from 2022 to date.

The Finance Bill 2023(“The Bill”), was tabled to the National Assembly on 04 May 2023 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.

The Income Tax Company Return, should be submitted to the Kenya Revenue Authority on or before the 6 month after the end of the reporting period.

For 19 years, we have been reporting on gender diversity in senior management among the world’s mid-market businesses, exposing barriers and identifying facilitators of change. While progress on the overall number of women in senior leadership continues, this year’s research shows it is concerningly slow.

Diversity, inclusion, organisation, HR, Grant Thornton

Environmental criteria assess and evaluate the risks a Company faces, and how best to mitigate these risks. The criteria include assessing the following: whether the companies’ operations emanate significant emissions to the air, whether the

Beneficial Ownership in Kenya

An Act of Parliament to give effect to Article 31(c) and (d) of the Constitution; to establish the Office of the Data Protection Commissioner; to make provision for the regulation of the processing of personal data; to provide for the rights of data subjects and obligations of data controllers and processors; and for connected purposes

Imagine a gender equal world. A world free of bias, stereotypes and discrimination. A world that's diverse, equitable, and inclusive. A world where difference is valued and celebrated. Together we can forge women's equality. Collectively we can all #BreakTheBias.

Covid-19 has swept away the habitual practices and systems in the workplace and increased reliance on Technology and Artificial Intelligence

Women in Business 2021: A window of opportunity.

The Data protection Act, 2019 (“the Act”) came into force on 25 November, 2019 and is now the primary statute on data protection in Kenya. Ms. Immaculate Kassait, MBS is the Data Protection Commissioner.

The prospects and potentiality of the United Kingdom (UK)- Kenya trade deals were eventually formalized into an Economic Partnership Agreement (EPA) that was signed by both parties on 8 December 2020.

The President directed the National Treasury to relook at the tax reliefs enacted earlier this year in a bid to cushion the public from the adverse effects of COVID-19.

What is the Voluntary Tax Disclosure Programme (VDP)? VDP is a programme introduced by the government to allow tax payers to disclose tax liabilities accrued within a period of five years prior to 1st July 2020 in confidence. In return taxpayers will be granted relief for penalties and interest.