A business needs to see itself through a big mirror – Internal audit reviews
Internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.
Multinational Enterprise Groups (MNEs) operating in Kenya, with a combined annual turnover of 95 billion Kenya shillings (c. USD 800 million) are required to file the following for the year of income 2022 and subsequent years:
The Finance Act, 2022 (“the Act”) which was gazetted on Friday, 8th July 2022 has introduced key changes in the transfer pricing (TP) regulatory framework in Kenya which will have extensive implications for taxpayers in Kenya.
Date: 4th July 2022
Subject: Compliance with the Data Protection Act and Data Protection regulations
What is a data controller?
This is a natural or legal person, public authority, agency or other body which, alone or jointly with others,...
The Finance Act (“the Act”), 2022 received Presidential assent on 21st June 2022. Most of the changes will be effective from 1st July 2022, which is the Government’s fiscal year, while a few will be effective from 1st January 2023.
Over the recent years, political environments especially during election years have proven to contribute immensely on tax policy volatility. During such times, most political incumbents use the economic policy instruments (fiscal and/or monetary...