TripleOKLaw

John M Ohaga

Finance Bill 2022 – Tax Deduction for Charitable Donations

On 7th April 2022, the Cabinet Secretary for the National Treasury and Planning delivered the Budget Statement for the financial year 2022/2023 to the National Assembly. In the address to the National Assembly the Cabinet Secretary proposed a raft of tax policy measures for the fiscal year 2022/2023. In this regard, and in recognition of …

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Client Alert: The National Assembly Proposes New Regime for Petroleum Pricing in Kenya

Introduction In October 2021, the Petroleum Products (Taxes and Levies) (Amendment) Bill 2021 (hereinafter ‘the Bill’) was tabled in the National Assembly by the Departmental Committee on Finance and National Planning. The Bill, if enacted, would introduce various changes to the petroleum pricing framework in Kenya. The Bill was introduced amid concerns regarding the drastic …

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