BDO East Africa Kenya Tax Alert on the Finance Act 2023
29 June 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.