Following the presentation of the 2020/21 Budget Speech by the Cabinet Secretary for the National Treasury, Ukur Yattani, we have summarised the key tax and related measures as well as priorities and reforms proposed for various sectors.
On 5 May 2020, the Finance Bill, 2020 was published by the Government of Kenya. The Bill was tabled in the National Assembly on 6 May 2020 and is expected to be passed by the end of June 2020. The Bill proposes to amend a number of different statutes. Read our alert for an analysis of the amendments proposed by the Bill and their impact as well as related potential implications to taxpayers.
To review our budget analysis for the other East African countries, please click on the respective country links below: