ANNUAL BUDGET REVIEW SEMINAR AND TAX ISSUES
Introduction
Each successive year, our national budget grows significantly hence an ever increasing and daunting task to collect additional revenues to fill the state coffers. This year the National Treasury is proposing a total budget of Sh1.8 trillion for 2015/2016 financial year from Sh1.7trillion in the current financial year. The budget targets to invest more in infrastructure, tourism, security, energy and agricultural sectors. All these financial demands are happening in a background 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:
Day 1
- The Current Macroeconomic Environment- (Inflation, unemployment, debt situation and interest rates)
- Economic Implications of the 2015/2016 Budget
- Budget Projection vs Revenue Performance
- Tax Proposals
Day 2
- Tax Planning and Tax Crimes
- Emerging Trends in Taxation
Target Audience:
The budget review seminar 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:
Category | Kshs |
Associates members | 5,950 |
Full Members | 7,950 |
Non Members | 9,950 |
Continuous Professional Development Units (CPD)
Members of ICPAK and other reciprocating professional bodies will be awarded 14 CPD Hours
The seminar will be held at Mt. Kenya Branch on 9th – 10th July 2015 at Green Hills Hotel, Nyeri.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 to memberservices@icpak.com