BDO East Africa Kenya Tax Alert on the Finance Act 2023

The Finance Act 2023 (“the Act”) was assented by the President on the 26 June 2023. ​​

The Act affects various tax and fiscal laws, including Income Tax, Value Added Tax, Excise Duty, and more.​​

This newsletter outlines upcoming changes taking effect on various dates, in line with the Public Finance Management Act and the start of the government's financial year for 2023-2024.​​

We set out below our analysis of the enacted changes to tax laws.