On May 5th, 2023, The National Treasury submitted The Finance Bill 2023 to the National Assembly for consideration and enactment into the Finance Act. The Bill comes months after a lot of speculations by taxpayers lobbying for bonuses associated with speeches full of promises from the Kenya Kwanza government. The 2023 Finance Bill now seeks to amend various laws relating to levies, taxes, and duties, with a goal of increasing government revenues from taxes collected, in order to meet demands of the Kenya Kwanza manifestos, with an aim to stabilize the shaky economy of the nation. Some of the tax … Continue reading What you need to know about The Finance Bill 2023.