Article

Income Tax Bill 2018 Workshop 

Thursday, 24 May 2018

On 14 May 2018, the National Treasury published the Income Tax Bill 2018, which proposes a raft of significant changes. Once enacted, the bill will overhaul the current Income Tax Act, which in its current state, has various provisions, which are obsolete and misaligned with global markets.

The key objective of the long awaited Bill is to broaden the income tax net, simplify the income tax law and foster high tax compliance. The measures contained in the Bill intend to improve collection of taxes particularly from the informal sector and high-income earners resulting in increased revenue for the government.

In addition, the Bill contains proposed measures to align with recent global development especially the BEPS Action Plans, in order to mitigate tax avoidance through treaty abuse, seal tax loopholes and address transfer pricing risks.

We believe the proposed changes will have far-reaching impact on both corporations and individuals.

To discuss the proposed changes and dissect how they affect corporations and individuals, Deloitte School of Tax is pleased to invite you for a one-day tax workshop where you will get to interact and share with our seasoned income tax experts.

 

Specifically, we will explore:

  • The proposed corporation tax rates;
  • Proposed PAYE rate for high-income earners;
  • The proposed amendments to compensating tax;
  • Introduction of presumptive income tax;
  • Proposed revision to thin capitalization ratio;
  • Proposed amendments to deemed interest (definition and application);
  • The proposed amendments to exempt dividends;
  • Taxation of EPZ and SEZ enterprises;
  • The proposed changes on capital allowances;
  • The proposed amendments on tax exempt persons;
  • Taxation of the digital economy;
  • Capital Gains Tax proposed changes;
  • Proposed changes to the Withholding tax regime and non-compliance penalty;
  • Proposed changes in relation to taxable loss utilisation period; and
  • Adoption of BEPS action plans in relation to transfer related party transactions.

Target audience

  • Finance and Tax professionals;
  • Risk management and compliance officers; and
  • Policy and strategy officers.


Additional benefits

Upon completion of the course, you will receive a Deloitte- branded certificate. CPD points will also be awarded to all trainees, which can then be redeemed from the following professional bodies:

  • Institute of Certified Public Accountants of Kenya (ICPAK)
  • Institute of Human Resource Management (IHRM)

Please note that we are also registered with the National Industrial Training Authority (NITA).

Registration portal

Please register your interest to attend the Income Tax Bill 2018 Workshop here before 23 May 2018. Our team will then reach out to provide you with the invoicing details.

Fee

The charge for the seminar will be KShs. 22,500 (excluding VAT) per person. This covers the cost of refreshments, lunch and seminar materials. Please make all payments payable to ‘Deloitte & Touche’

Register here

Date: Thursday, 29 March 2018

Time: 9:00 am – 3:00 pm

Venue: Movenpick Hotel, Westlands

open in new window Register Now
Did you find this useful?