Tax Relief

1 April 2020

100% tax relief for low income earners (namely, persons earning gross monthly income of up to KES 24,000 [USD226]);A payment of additional income for a person earning a monthly income of KES 24,000. Decrease of the top Pay-As-You-Earn (PAYE) rate from 30% to 25%;Decrease of the value-added tax rate from 16% to 14% with effect from 1 April 2020Decrease of the resident corporate income tax from 30% to 25%.

COVID-19

Impact of Covid-19 on Auditing, Accounting & Financial Reporting

APRIL 13, 2020
CHRISTOPHER ARNOLD

The COVID-19 pandemic crisis and its economic effects mean that investors and other stakeholders need high-quality financial information more than ever.

Outsourcing Internal Audit Services

BYLOWERS & ASSOCIATES, SEPTEMBER 30, 2014

Outsourcing Internal Audit considerations in response to COVID-19 maybe a good solution to many organizations because the organizations may not have the size and cash flow to support a full-time audit staff.

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