Impact of the Finance Bill 2024

In this episode recorded on 15.05.2024, we are joined by our guest tax experts Ruth Mwiti, Ernest Muriu, and Karambu Muthaura to unpack the Finance Bill 2024.We cover the proposed changes to the Income Tax Act, taxation of infrastructure bonds, motor vehicle circulation tax, VAT, pension and retirement benefits, excise duty, and changes to the Tax Procedures Act.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:00:48 Overview of the Finance Bill 202400:05:51 Proposed Changes in the Income Tax Act00:15:39 Motor Vehicle Tax00:24:03 VAT00:32:21 Pension, Retirement Benefits, and Excise Duty00:47:55 Changes to the Tax Procedures Act00:58:54 Amendments to the Employment Income01:03:14 Is KRA Exempted From The Data Protection Act?01:04:54 Infrastructure Bonds and Eco-Taxes01:09:59 Closing Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe