On 25 March 2020, the President of the Republic of Kenya outlined the measures the government intends to make to cushion the country against the economic effects of COVID-19. These measures were submitted to the National Assembly under the Tax Laws (Amendment) Bill, 2020 (the Bill) for consideration and approval. A month since he outlined his proposals, he assented to the Tax Laws (Amendment) Act, 2020 (the Act) on 25 April 2020. While the Act provides specific interventions to aid the fight against COVID-19, the changes go beyond COVID-19 interventions include radical overhauls to the tax incentives and exemption regime.
We provide in the ensuing pages our analysis of the enacted changes which take effect from 25 April 2020, other than the changes to the taxation of fuel which the government has deferred to 15 May 2020.
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