Emerging Tax Issues and Tax Compliance Workshop – Eastern Branch

Emerging Tax Issues and Tax Compliance Workshop – Eastern Branch

Date: 11^th – 12^th October, 2018

Venue: Gelian Hotel, Machakos

Brief

The signing into law of the Finance Act 2018 has resulted in numerous changes in Kenya’s tax regime. These include the implementation of VAT on petroleum products at 8%, an unprecedented revenue raising move by the National Treasury. Excise Duty has also been revised upwards on services such as money transfer by banks and financial services institutions while 20% tax has been imposed on winnings from gaming, betting and prize competitions. The Act further introduces the National Housing Development Fund levy which is an employee and employer housing levy/contribution of 1.5 per cent up to a maximum of Ksh. 5,000 per month.

These, among other changes, have been received with outcry from the public with many predicting a significant rise in cost of living and decrease in disposable income.

These developments have necessitated the need to organize this two-day workshop to prepare professionals to expertly handle the new tax regime. Topics to be covered include:

• Tax compliance – Changes in Tax Procedures Act
• Funding the Big Four – Financing options, tax incentives and effects on the economy
• Expanding the tax base – New taxes
• Amendments to the Vat Act – changes since 2013
• Tax practice – managing tax returns and audits in the era of technology
• County government revenue: Revenue raising and utilization efficiency – A Comparative Analysis

 Target Audience

Audit  and  tax  practitioners,  Personnel  handling  tax issues  in  organizations, Representatives  from  KRA,  Tax payers association, Accountants, Finance Professionals, Auditors, Chief Finance officers, Academia

Event Booking

Kindly note that booking is available either online at www.icpak.com/events  or on the ICPAK Live – A smart phone based application that is available from Google store. Delegates are advised to book early for planning purposes.

Charges

Charges for this forum are as provided below:

 Continuous Professional Development (CPD) Units

Members of ICPAK will earn 14 CPD points upon successful attendance. Enquiries may be directed to us via email through brenda.imali@icpak.com with a copy to memberservices@icpak.com. Call us on telephone: 0719074308/311