Taxation Workshop (Mt Kenya Branch)

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)

Taxation Workshop – Mt Kenya Branch
Theme: Navigating the tax Landscape: Understanding Changes in Tax Law and their Impact
Date: 14th -15th August 2025
Time: 09.00am -3.30pm
Venue: Abai lodges & Spa-Kagio off Kutus Road – Kirinyaga

Overview

In June 2024, Kenyans witnessed unprecedented nationwide protests by “Generation Z” in defiance of government proposed tax increases on the Finance Bill 2024. Kenyans of all walks of life expressed outrage at the punitive taxes proposed under the Bill. Had the Finance Bill 2024 become law, it would have imposed a raft of taxes on Kenyans touching on trade, personal income, agriculture, health, investment, housing, and virtually every other sector conceivable.

Assuming a certain level of revenue needs to be raised, which depends on the broader economic and fiscal policies of the country, there are a number of broad tax policy considerations that have traditionally guided the development of taxation systems. Principles of good taxation form a sound basis for taxation today, however, they’re not always followed. These include neutrality, efficiency, certainty and simplicity, effectiveness and fairness, as well as flexibility. Sometimes tax systems hit certain categories of taxpayers or kinds of consumption while leaving others relatively untouched. Sometimes tax systems lack transparency, imposing charges on some goods (eg, fuel excise) without any explicit indication on our bills. Sometimes taxpayers are burdened with administrative tasks, for example filing yearly tax returns online. Sometimes the tax administration does not, or cannot, apply regulations or prosecute those who evade taxes in a cost-effective manner.

Tax compliance is the act of obeying all tax laws and regulations set forth by the government. This includes filing all required tax forms and paying any taxes owed on time. Tax compliance is important for individuals and businesses alike. Failure to comply with tax laws can result in penalties, interest, and even jail time. Tax compliance training can help businesses ensure that they are up to date on the latest tax law changes and that they are correctly filing their taxes.

There are a few different aspects to tax compliance. First, businesses need to make sure that they are correctly calculating their taxes owed. This includes keeping accurate records of income and expenses, as well as understanding what deductions and credits they may be eligible for. Tax compliance training can help businesses master the tax compliance process and ensure that they are taking all the necessary steps to comply with the law. By taking advantage of this workshop, businesses can avoid costly penalties and interest charges associated with non-compliance.

It is against this background that, the Institute has organized this workshop focusing mainly on the tax principles geared toward promoting tax compliance. Specifically, the workshop will cover the following areas:

 Adam Smith Principles of optimum tax system
 VAT Principles
 Current requirements on complying with value added tax (VAT)
 Direct and indirect Taxes
 Corporate taxes
 Withholding taxes
 PAYE computations
 Tax reliefs
 Amounts deductible in determining taxable employment income
 Key provisions on the rejected 2024 finance bill
 Appropriation bill verses efficient and optimal tax system
 The debate on UHC, SHIF deductions “Adverse selection”
 The guiding principle for effective and functional tax collection system
 The compliance risk management process
 The ripple effect of compliance interventions
 Understanding taxpayer compliance behavior
 Technological advancements on tax compliance
 iTax issues-open session
 Tax system and reporting compliance
 Impact of regulatory requirements on tax compliance
 e-TIMS real-time reporting (RTR) and compliance obligations

Target Audience :
This webinar will be useful to professionals in the finance and accounting sector with bias on tax professionals and specifically: Tax Practitioners, Tax Experts, Chief Finance Officers, Finance Directors and Managers, Transaction Advisors, Financial Analysts, Accountants & Auditors, Financial Controllers, Credit Managers

Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the seminar.

Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the seminar  fees, learning materials, and e-certificates of attendance.

Online Booking:
Registration: Delegates are reminded to note that online booking for the seminar is mandatory on https://www5.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.

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).

Further requests can be channeled to us via telephone calls on +254 743 207691, +254 719 074 100,  or via email to  Lisbeth Gakii at  lisbeth.gakii@www5.icpak.com with a copy to memberservices@www5.icpak.com.

We encourage members to regularly visit our website https://www5.icpak.com for updates.