MANAGING KRA AUDITS

From a practical perspective, ignorance, recklessness, carelessness and deliberate tax evasion as well as weak tax administration are among the factors contribute to non-compliance of tax obligations.

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Accounting for Trading Losses in Kenya: What the Finance Act 2025 Means for Businesses

IntroductionTax planning in Kenya has taken another significant turn. The Finance Act, 2025 reintroduced a five-year cap on the carry-forward of trading losses, reversing the indefinite regime introduced in 2021.…

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