THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Branch Tax Seminar
Theme: supporting net-zero efforts and tax considerations
Date: 14th _ 15th March 2024
Time: 8.00am – 4:00pm
Venue: Royal Suites Hotel -Bungoma
OVERVIEW
The taxation landscape has been evolving rapidly in the recent past with the legal framework of tax regulations changing to accommodate the developments in this critical area of the economy. The government generates its revenues largely through taxes imposed on its citizens. In the recent past, the government has sought to initiate new taxes and levies to meet the development objectives and priorities of the country.
Taxes in Kenya are categorized under two main heads: direct and indirect taxes. The indirect statutory taxes in Kenya apply when the purchase of goods is made. The various taxes under this banner are excise duty, custom duty & levies, and Value Added Tax (VAT). On the other hand, income tax falls under the direct taxes in Kenya.
All these categories of tax have been affected in one way or the other though directives which have recently been issued by the government, and through amendments contained in the Finance Acts which are prepared annually.
To understand the latest developments and expected taxation trends arising from government proposals, the Institute has organized this two-day seminar to promote this awareness and provide a deeper understanding of the tax landscape in Kenya.
The key areas below will guide the discussion during this important two-day branch seminar.
i. Income Tax in Kenya and proposed changes
ii. Emerging trends in international taxation
iii. The VAT Act in Kenya and recent developments
iv. Understanding the Customs Act and Excise Duty
v. Emerging trends in accounting for taxation – PAYE, Withholding Tax and other taxes
vi. The National Tax Policy updates and benefits to the country
vii. Understanding Transfer Pricing and required documentation.
TARGET AUDIENCE
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop.
FINANCIAL COMMITMENT:
The workshop charges are Kshs. 10,000. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.
ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
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, +254 719 074 100, or via email to Linet Andeyo at linet.andeyo@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.
