Re-introduction of the Affordable Housing Levy

Re-introduction of the Affordable Housing Levy The Kenya government’s affordable housing initiative faced a major legal challenge when, on November 28, 2023, the High Court of Kenya ruled that the affordable housing levy, which had been implemented under the Finance Act 2023, was unconstitutional. Following an appeal by the government

Fringe Benefit Tax Did you Know that loans advanced to company directors, employees or relative of directors at an interest rate lower than the prescribed market interest rate constitute a benefit chargeable to tax? The tax chargeable on such loans is referred to as Fringe benefit tax (FBT) and is