Every year, thousands of Kenyans face unexpected fines and penalties from the Kenya Revenue Authority (KRA) due to simple tax mistakes. Whether it’s forgetting to file your return on time, under-declaring income, or failing to remit PAYE for your employees, these errors can result in costly penalties. In 2025, KRA has continued to tighten its…
In 2025, Kenyan employees and employers are adjusting to significant updates in statutory deductions. The National Hospital Insurance Fund (NHIF) and the National Social Security Fund (NSSF) have both undergone changes to strengthen healthcare access and retirement benefits. These updates affect every working Kenyan whether you are an employer processing payroll or an employee reviewing…
Every year, thousands of Kenyan employees rush to file their KRA returns before the June 30th deadline. While the process might look complicated at first, it’s actually simple once you understand how it works. Whether you’re employed, self-employed, or running a small business, filing your KRA returns in Kenya 2025 is a legal requirement and…
Kenya’s economy is set to grow 5.3% in 2025, outpacing many African nations. Agriculture, services, and technology drive this growth, creating opportunities for investors, entrepreneurs, and professionals. The Finance Act 2025 and stable policies boost confidence, despite risks like climate shocks and global financing issues. This guide explores growth sectors, investment opportunities, career paths, and…
The Finance Act 2025, effective July 1, 2025, reshapes Kenya’s job market, boosting demand for finance careers. New tax rules, like the Significant Economic Presence (SEP) tax and Advance Pricing Agreements (APAs), create opportunities in tax compliance, financial investigations, and corporate finance. This guide lists top finance careers for 2025, required skills, salary ranges, and…
The Finance Act 2025, signed on June 26, 2025, introduces Advance Pricing Agreements (APAs) in Kenya, effective January 1, 2026. APAs offer a proactive way to manage transfer pricing, ensuring fair pricing for cross-border transactions between related companies. This benefits multinational companies, tax consultants, and corporate finance professionals by reducing tax disputes and providing certainty….
The Finance Act 2025, effective July 1, 2025, reshapes Kenya’s Value Added Tax (VAT) rules. It adds a 16% VAT to some previously exempt goods, introduces new exemptions, and tightens refund and invoicing processes. These changes impact consumers, retailers, and manufacturers by affecting prices and business costs. This article breaks down the changes, their effects…
The Finance Act 2025, signed into law on June 26, 2025, reshapes Kenya’s betting and gaming tax landscape. Effective from July 1, 2025, it introduces a 5% withholding tax on betting wallet withdrawals and lowers the excise duty to 5% on deposits. These changes impact gamblers, betting operators, and financial advisors. This article explains the…
The Finance Act 2025, effective July 1, 2025, changes how Kenyan businesses handle tax losses. It limits tax loss carryforward to five years, replacing the previous indefinite carryforward rule. This affects business owners, CFOs, and financial consultants, especially in capital-intensive sectors like energy, manufacturing, and infrastructure. This article explains the new rule, its impact, affected…
The Finance Act 2025 changes how digital businesses pay taxes in Kenya. It introduces the Significant Economic Presence (SEP) tax, replacing the 1.5% Digital Services Tax (DST). This affects online entrepreneurs, digital marketers, and small business owners running e-commerce sites, apps, or digital services. Here’s a simple guide to understand the SEP tax, who it…
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