Information Technology General Controls
The general controls are responsible for controlling the operation of a company’s IT infrastructure. In addition to these functions, there are many other duties that must be performed by the general controls. In this paper we will discuss some of them.
Application of Mutuality Principle in Taxation in SACCOs
The Mutuality Principle The mutuality principle is a legal standard established by case law. It is based on the proposition that an organization cannot derive income from itself. The principle provides that, where several persons contribute to a common fund created and controlled by them for a common purpose, any surplus arising from the use […]
DRAFT VAT REGULATIONS ON SUPPLY OF DIGITAL SERVICES
DRAFT VAT REGULATIONS ON SUPPLY OF DIGITAL SERVICES ask for tax help With the digital transformation of many businesses across the globe, the taxation system keeps transforming too in different countries. However, some changes are hard to implement. In this case, taxing the digital economy has been quite a challenge for over a decade. The […]
Getting value from your audit firm in Kenya.
Being an economically emerging and developing country, Kenya has observed business growth and opportunities in various sectors including travel, tourism, education, sports, manufacturing, transportation, financial institutions and NGOs , Public sector and other sectors. This has led to the growing number of audit firms in Kenya. For any business firms, it is important to get audited annually to have an insight into the operations and compliance of the company.
FINANCE BUDGET 2020/21
As themed the Kenyan budget 2020/21 Is aimed at creating and protecting jobs, stimulating industrial growth and ultimately steer economic recovery.In order to boost the economy
Measures to Mitigate the Impacts of Covid-19 Pandemic
Mitigating the Impact of COVID-19. Introduction The Spontaneous spread of Corona virus disease 2019 in our generation reminds me of a story told by a twenty-eight year old French writer Albert Camus in his book La Peste (French),meaning The Plague in 1947.It is the story of a plague that spreads uncontrollably from animals to humans and […]
Turn Over Tax
The Tax Law Tax Amendment Act brought into effect the following changes:
RETIREMENT BENEFITS AUTHORITY AND COVID-19
RETIREMENT BENEFITS AUTHORITY AND COVID-19 Many employers and employees will want to know what is this all about the RBA and the impact does has in the industries especially with the COVID-19 Pandemic -Retirement Benefits Authority (RBA) is a regulatory body under the National Treasury, established under Retirement Benefits Act. The Retirement Benefits Act was [...] 