Annual Budget Review Seminar

Introduction

Each successive year, our national budget grows hence an ever increasing and daunting task to collect enough revenues to run the state. The 2015/2016 financial year will be no exception. As is now well known the government has a number of capital intensive flagship projects, the true cost of devolution is setting in and the ever increasing appetite for recurrent expenditures as evidenced by pressures for increased salaries. All these pressures are happening in a context of a significant slump in international tourist arrivals, a weakening shilling against major world currencies, huge public debts accounting for over 50% of the GDP, declining earnings in major cash crop and an impending drought. It is therefore our duty as professional accountants to engage with and interrogate plans laid by the government in raising and spending tax revenues.

We continue in our tradition of organizing seminars around the country for our members, clients and business leader to interact with the Institute’s public sector experts and draw the first lessons and implications of the national budget.  It is in this light that ICPAK has organized the Annual Budget Review Seminar to address pertinent issues relating to the 2015/16 budget to spotlight on:

• The current Macroeconomic environment- (Inflation, unemployment, debt situation and interest rates)
• Economic Implications of the 2015/2016 Budget
• Budget Projection vs Revenue Performance
• The Income Tax Proposals
• The VAT Proposals
• Custom and Excise
• Miscellaneous Provisions

Target Audience:  

The budget review seminars attract participants from among Accountants, Business Leaders, Lawyers, Tax Specialists, Tax Trainers Economists, Academia, Finance Experts/Consultants, Small & Medium Practices, Civil Society organisations with interest in tax equity, and tax justice and members of the public

Seminar Charges:

Continuous Professional Development Units (CPD)

Members of ICPAK and other reciprocating professional bodies will be awarded 7 CPD Hours.

For more information or enquiries please call Tel: +254 (0) 20 2304226, 2304227 Mobile: +254 (0) 727 531006 / 733 856262 / 0721 469796/ 721469169 and talk to Philemon, email tomemberservices@icpak.com or visit www.icpak.com. For Exhibitions and Sponsorships, please talk to Linda on the above lines or email.