PKF in Eastern Africa

Publications

PKF Kenya Quick Tax Guide 2017/2018

12 Jun 2017

PKF Kenya Quick Tax Guide 2017/2018

PKF Kenya Quick Tax Guide 2016/2017

16 Jun 2016

PKF Kenya Quick Tax Guide 2016/2017

PKF Kenya Budget Statement Briefing 2016 - 2017

09 Jun 2016

We are pleased to attach a briefing on the Kenya Budget Statement for the fiscal year 2016/2017.  The Finance Bill 2016 has not been issued and therefore the finer details of each of the proposals set-out in the Budget Statement may not have been comprehensively dealt with in our briefing. We will in due course issue a more comprehensive analysis of the Finance Bill 2016.

Global Tax Annual Review 2016

09 Jun 2016

The global tax landscape is a fluid entity - in an ever changing and increasingly complex environment which has seen the arrival of significant tax-related reforms.

The Financier Worldwide features opinions of leading professionals around the world on the latest trends in global tax. Our Tax Partner Michael Mburugu discusses the trends in the Kenya tax landscape (see page 68).

 


 

PKF iNews May 2016

18 May 2016

Welcome to another edition of i-News. In this edition, we discuss the proposed changes to the Conceptual Framework, summarise the key changes to the IFRS for SMEs issued in 2015, and discuss the new Revenue Recognition standard – IFRS 15 which is likely to have significant impact to preparers of financial statements. We also have a refresher on the application of deferred tax on fair value measurements. 

 

PKF Kenya 2015 Budget Review Analysis

19 Jun 2015

In 2014, the global real Gross Domestic Product (GDP) grew at a rate of 3.4% compared to 2013 with estimates of growth in 2015 and 2016 being 3.5% and 3.6% respectively. The nominal increase in 2015 will be driven by a rebound in the advanced economies relative to 2014, with the US leading this growth, supported by continued lower oil prices. Growth is projected to be weaker in emerging markets, reflecting more subdued prospects for some large emerging market economies and oil exporters.

 

PKF Banking Review Newsletter 2015

15 Jan 2015

PKF Kenya takes pleasure in presenting to you its latest review of the financial results from the banking industry in Kenya. We have attempted to highlight the key trends in terms of financial performance for banking institutions in Kenya over the 4 years following the global financial crises to 31 December 2014. 

Please download the newsletter to read more.

Insights into Oil and Gas Sector by David Kabeberi, Partner, PKF Kenya

Economic Review by David Kabeberi, Partner, PKF Kenya

PKF iNews January 2014

01 Jan 2014

Welcome to the second edition of iNews. In this edition we cover:

  • The revised proposals for the accounting for bearer plants under IAS 41 Agriculture;
  • The exposure draft on Insurance Contracts – IFRS 4;
  • Financial instrument accounting – IFRS 9; and
  • A summary of new standards effective for the first time in 2013 and thereafter to assist preparers in compiling disclosures required under IAS 1.

PKF iNews August 2013

01 Aug 2013

Introduction

Overall activity at the international Accounting Standards Board (IASB) has remained high over the last few months with the release of several new standards and amendments. A number of these are mandatory for the year ending 31 December 2013 and others available early adoption.

In this edition, we cover highlights from.

  • The suite of standards/ revisions covering consolidation financial statements, joint arrangements, associates and related disclosure requirements (IFRS 10, 11, 12 and IAS 27 & 28);
  • IFRS 13 Fair Value Measurement;
  • The May 2013 exposure draft on Lease accounting; and
  • The November 2011 exposure draft on Revenue Recognition.

Economic Outlook by David Kabeberi, Partner, PKF Kenya

2013 Budget Analysis by Atul Shah, CEO, PKF in Kenya, Uganda and Rwanda

Value Added Tax by John Thindi, Director, PKF Taxation Services

Doing Business in Rwanda (2011)

19 Feb 2012

This booklet has been prepared for the use of clients, partners and staff of PKF International member firms. This booklet is intended to provide general information about Rwanda and its regulatory system to those contemplating doing business in Rwanda. It does not give comprehensive and detailed information on which investment decisions can be based.

Doing Business in Uganda (2011)

19 Feb 2012

This booklet has been prepared for the use of clients, partners and staff of PKF International member firms. This booklet is intended to provide general information about Uganda and its regulatory system to those contemplating doing business in Uganda. It does not give comprehensive and detailed information on which investment decisions can be based.

Doing Business in Kenya (2011)

19 Feb 2012

This booklet has been prepared for the use of clients, partners and staff of PKF International member firms. This booklet is intended to provide general information about Kenya and its regulatory system to those contemplating doing business in Kenya. It does not give comprehensive and detailed information on which investment decisions can be based.

Changes in the VAT filing process

01 Nov 2011

Introduction

Kenya Revenue Authority (KRA) issued a public notice 12th September 2011 effecting changes in the VAT filing process. The Public Notice is a follow-up to public Notice No. 37 of 2003 which required that VAT credits filed as Refund Claims be removed from the VAT 3 Return. It also abolished Withholding VAT collection with effect from 1 July 2011. The public notice has introduced two major changes.