INTRODUCTION Capital Gains Tax (referred to as CGT) is tax imposed on the net profit earned from the sale or transfer of any capital assets such as stocks, bonds, real estate, shares or other investments. Capital Gains Tax had been suspended in 1985 but was reintroduced in Kenya with effect from 1st January, 2015 through the Finance […]
INTRODUCTION In a bid to enhance savings culture amongst its employees and its citizens as a whole, the Parliament enacted the National Security Social Fund Act, 2013 (NSSF Act). The Act sought to increase the amount deductible from an employee’s salary into the fund from Kshs. 200 to at least 6% of the employee’s salary. This was[…]
INTRODUCTION 1.Constitution of Kenya, 2010 Article 31 (c) and (d) of the Constitution of Kenya speaks on the Right to Privacy and provides that: “Every person has the right to privacy, which includes the right not to have: information relating to their family or private affairs unnecessarily required or revealed; or the privacy of their communications infringed.”[…]