Ask the Taxman Webinar: Questions and Answers on Key Matters Affecting Professionals - Recording

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)

Ask the Taxman Webinar: Questions and Answers on Key Matters Affecting Professionals

Theme: Enhancing Clarity on Emerging Taxation Trends

Date: 15th April 2021

Time: 4pm to 6pm

Venue/Platform: Zoom

OVERVIEW

Over the Covid-19 period, the government has faced the reality that tax revenue plays a big role in financing development and day-to-day government expenditure. This necessitated implementation of various measures through amendments to the Finance Act 2020. These changes aimed at stimulating various economic activities in various sectors of the economy, benefit targeted groups or class of taxpayers, venture into new revenue collection sources and close in loopholes therefore directly increase revenue collection. These constant changes in the tax systems have brought about demand for more understanding and interpretation by professionals in their day-to-day practice.

This therefore gives professionals the responsibility of being sufficiently conversant with the constant regulatory changes in order to bring their clients or stakeholder on board and ensure compliance. It is against this background that the Institute has organized this webinar in conjunction with the state tax administrator Kenya Revenue Authority (KRA) to have an in-depth discussion on key matters affecting professionals in matters taxation in line with the implementation of the tax laws which took effect on 1^st January 2021.

The following topics will form the key areas of discussion during the webinar;

1. Minimum tax – challenges experienced so far and future expectations
2. Taxation of the digital economy
3. Impact of the tax amendments on financial reporting across different sectors
4. Tax amnesty program and its effectiveness
5. VAT automated audit and expected technological advancements.
6. Icpak e-zisha platform
7. Status of the National Tax Policy

This is just a summary of what to expect as the conversation will be steered by you, the participant. Join us as we have a one-on-one discussion with the taxman.

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the Webinar.

FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 1,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance

ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/Online Booking

NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)

Further requests can be channeled to us via telephone calls on +254 719 074 000, (+254) 733 856262 or via email to andrew.kavoo@icpak.com with a copy to memberservices@icpak.com

We encourage members to regularly visit our website https://www.icpak.com for updates.