BDO in East Africa

24/06/2024

Is your organisation ready to embrace sustainability?

Join us for an insightful webinar, "Access: Create an ESG Roadmap and Begin Assessing the Existing Situation," in partnership with BDO India.

📅 Date: Tuesday, July 2nd, 2024
🕒 Time: 2:30pm EAT, 5:00pm IST
🔗 Register Now: https://lnkd.in/duEjFcAF

In this webinar, you'll learn how to:
- Conduct comprehensive ESG assessments
- Set achievable sustainability goals
- Align your initiatives with business objectives
- Leverage existing resources for your sustainability journey

Our experts Zahir Sheikh (BDO East Africa), Dipankar Ghosh (BDO in India) and Tarini Prasad Sahoo, Ph.D. (BDO in India) will provide practical insights and strategies to help you start and maintain your ESG efforts.

Master ESG Assessments: Join Our Expert-Led Webinar!

https://lnkd.in/duEjFcAF

19/06/2024

The proposed Kenya Finance Bill 2024 brings significant changes to PAYE (Pay As You Earn), and we've got all the details in our latest video.

Follow Daniella Ouma as she breaks down the proposed finance bill in the PAYE context.

18/06/2024

What does the finance bill have under the Tax Procedures Act, What are the proposed changes?

Follow Henry Sang, Tax Director BDO East Africa in his analysis.

10/05/2023

The Finance Bill, 2023 (“the Bill”) was presented before the parliament on 04 May 2023. The Bill proposes for amendments to the country’s tax laws which includes Income Tax Act, Value Added Tax Act, Excise Duty Act, Tax Procedures Act and Miscellaneous Fees and Levies Act. The Bill also proposes changes to other Acts such as the Betting, Gaming and Lotteries Act, the Kenya Roads Board Act, the Kenya Revenue Authority Act, the Employment Act ,the Unclaimed Financial Assets Act, the Statutory Instruments Act and the Retirement Benefits Act.

This Newsletter is a summary of the potential tax implications of the provisions contained in the Bill should it be enacted into an Act which is expected to be before 01 July 2023 as provided for in the Public Finance Management Act and coincides with the commencement of the Government’s financial year 2023-2024.

We set out below our analysis of the Bills’ proposed changes to tax laws.

The Finance Bill, 2023 ( Bill@) was presented before the parliament on 04 May 2023. The Bill proposes for amendments to the country@s tax laws which includes Income Tax Act, Value Added Tax Act, Excise Duty Act, Tax Procedures Act and Miscellaneous Fees @ Levies Act. The Bill also proposes chang...

23/03/2023

15/03/2023

BDO EAST AFRICA | Managing Transfer Pricing Controversies

Transfer pricing is the practice of pricing goods and services traded between related entities within a multinational corporation. Controversies arise when the transfer prices used do not reflect the fair market value of the goods or services, leading to tax avoidance and potential loss of revenue for governments.
BDO is proud to present to you Part 3 of our transfer pricing webinar series, which is guaranteed to enrich the knowledge of attendees and participants.

Registration

Come and learn from the experts at no cost using the following link;

https://lnkd.in/d4NZAaKh

08/03/2023

On this International Women's Day, we would like to take a moment to reflect on the progress that has been made towards gender equality in the workplace, and the continued efforts to foster diversity, equity and inclusion - DE&I.
We are proud to work for an organisation that values DE&I, a workplace culture that values and respects all people, regardless of gender, race, ethnicity, religion or any other factor.

06/03/2023

NEW NSSF CONTRIBUTION RATES IN KENYA
The National Social Security Fund (NSSF) ACT No. 45 of 2013 was assented to on 24 December 2014 with a commencement date of 10 January 2014. After protracted legal suits in courts, the Court of Appeal on 3 February 2023 delivered judgment upholding the legality of the Act.

Consequently, employers are advised to submit their contributions in accordance with the provisions of the upheld Act as explained and demonstrated below. The effective contribution period is February 2023 which payment will be due latest 9 March 2023.

This tax alert is a guide to the effective changes.
https://www.bdo-ea.com/en-gb/insights/featured-insights/new-nssf-contribution-rates-in-kenya

06/03/2023

NEW NSSF CONTRIBUTION RATES IN KENYA
The National Social Security Fund (NSSF) ACT No. 45 of 2013 was assented to on 24 December 2014 with a commencement date of 10 January 2014. After protracted legal suits in courts, the Court of Appeal on 3 February 2023 delivered judgment upholding the legality of the Act.

Consequently, employers are advised to submit their contributions in accordance with the provisions of the upheld Act as explained and demonstrated below. The effective contribution period is February 2023 which payment will be due latest 9 March 2023.

This tax alert is a guide to the effective changes.

The National Social Security Fund (NSSF) ACT No. 45 of 2013 was assented to on 24 December 2014 with a commencement date of 10 January 2014. After protracted legal suits in courts, the Court of Appeal on 3 February 2023 delivered judgment upholding the legality of the Act. Consequently, employers ar...

13/12/2022

More than 2,000 respondents from 131 countries participated in our global mid-market corporate fraud survey. Their responses reveal key facts about current threats, the consequences suffered by organisations, and protective actions needed.
Access the report using the following link: https://www.bdo-ea.com/en-gb/insights/featured-insights/global-mid-market-corporate-fraud-landscape

25/10/2022

THE TOPICS to be covered during this webinar will include:
PART 5: Contract management and internal auditors’ role to yield savings and results
• Overview of contract compliance and IA role in assessing contracts
• Key factors in reviewing contracts for optimal impact
• Insights and emerging best practice
• Automated contract management audits
• A demo of a licensing solution to be used by audit

Come and learn from the experts at no cost.

Register in advance for this webinar using the link below:
https://us06web.zoom.us/webinar/register/WN_hko_OJqCQMK7LiL5t9sZBw