On Wednesday 8th June 2016, the cabinet Secretary in charge of the National Treasury, Mr. Henry Rotich, presented the Budget Summary for the fiscal year 2016/2017 to the National Assembly. The Kshs 2.3 Trillion budget is an increase from Kshs 2 Trillion adopted last year illustrating the government’s continued adoption of expansionary policies and its positive outlook of the macro-economic indicators in the coming financial year. We wish to highlight some of the significant proposals made by the CS with regards to various tax heads as follows; (Download/View PDF to get all details)
