THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
Budget Review & Emerging Tax Issues
DATE: 14th – 15th June 2018
VENUE: Kusyombunguo Hotel, Makueni
In the wake of the 2017 general elections and the repeat thereafter, Kenyans are eager for an economic rebound and recovery of the business and professional environment. In 2017, Kenya’s economic growth decelerated to 4.9% from 2016’s 5.9%. Another landmark incident in the economic arena is the coming to effect of the interest rates capping law which resulted in a decrease in interest rates earnings and might be scrapped or amended.
In the 2018/19 financial year, the government plans to streamline collection of taxes with the aim of doubling income tax to Kshs. 1.26 trillion and ensuring its stability. The Big 4 Agenda, unveiled in 2017, is bound to take centre stage beside public-private partnership projects. Additional subjects for discussion include the level of government debt and prevalent corruption particularly related to public finances.
Further, the importance of proactive management of tax obligations and compliance with legal requirements is becoming increasingly evident in the country. Tax reforms, modernization of tax systems and the ever rising collection targets have necessitated pre-emptive effort to establish and execute tax strategies. The government’s efforts have brought on stringent, onerous reporting requirements that threaten to have organization subjected to lawsuits and penalties upon failure to comply.
Conscious of these developments, ICPAK has organized a two day workshop to equip both professionals and entrepreneurs with the requisite knowledge and skills to tactfully navigate the system towards the strengthening of their firm’s bottom line. Topics to be covered include:
- 2018/19 Budget Review
- Tax Implications of the Budget
- Alternative Tax Dispute Resolution
- KRA Audit
This forum will be most beneficial to delegates drawn from both the public and private sectors particularly; Audit and tax practitioners, Personnel handling tax issues in organizations, Representatives from KRA, Tax payer’s association, Chief Finance officers, Academia.
Seminar Charges and CPD Units
The charges for the two-day Budget Review and Emerging Taxes seminar are as follows:
|Associate Members||Kshs. 6,950|
Continuous Professional Development Units
Members of ICPAK and of reciprocating professional bodies will earn 14 Structured CPD Units upon full attendance.
Kindly note that booking for the Seminar is available only online at www.icpak.com/events
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).