THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
Annual Branch Tax Workshop– South Rift
Date: 10th –12th October 2018
VENUE: Sunshine Hotel, Kericho
TIME: 9am to 5pm
The signing into law of the Finance Act 2018 has resulted in numerous changes in Kenya’s tax regime. These include the implementation of VAT on petroleum products at 8%, an unprecedented revenue raising move by the National Treasury. Excise Duty has also been revised upwards on services such as money transfer by banks and financial services institutions while 20% tax has been imposed on winnings from gaming, betting and prize competitions. The Act further introduces the National Housing Development Fund levy which is an employee and employer housing levy/contribution of 1.5 per cent up to a maximum of Ksh. 5,000 per month.
These, among other changes, have been received with outcry from the public with many predicting a significant rise in cost of living and decrease in disposable income.
These developments have advised the organization of this workshop to prepare professionals to expertly handle the new tax regime. Topics to be covered include:
- Tax compliance – Changes in Tax Procedures Act
- Funding the big four
- Financing options, tax incentives and effects on the economy
- Expanding the tax base- New taxes
- Amendments to the Vat Act – changes since 2013
- Tax practice – managing tax returns and audits in the era of technology
- County government revenue: Revenue raising and utilization efficiency – A Comparative Analysis
Audit and tax practitioners, Personnel handling tax issues in organizations, Representatives from KRA, Tax payer’s association, Chief Finance officers, Academia
The charges for the three-day Seminar are as follows:
|Associate Members||Kshs. 15,950|
We call on workshop participants to note that booking is available only online at www.icpak.com/events and will close on the 30th September 2018 at 1700 hrs. Delegates are reminded to note that online booking for events is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Sponsorships, Partnership Opportunities & Additional Information
This workshop presents a unique opportunity for brand positioning and communication that will enjoy optimal visibility before potential targeted customers. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. Sponsorship opportunities range from item sponsorships, exhibitions, advertising and sub-event sponsorship within the major event
The workshop intends to attract over 40 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring the event can reach us through firstname.lastname@example.org
Further requests can be channelled to us via telephone calls on +254 733 856 262/ 727531006 or via email to email@example.com or firstname.lastname@example.org . We encourage members to regularly visit our website www.icpak.com for updates.