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Sectional Properties Act

Pursuant to a notice issued by the Ministry of Lands and Planning (“MOLPP”) on 9th May 2021, long term leases supported by architectural drawings shall no longer be registered with effect from 10th May, 2021. The Sectional Properties Act, 2020 (“the Act”) requires conversion of all long term leases intended to confer ownership of apartments, flats, [...]

By |2021-12-02T07:45:22+03:00July 2nd, 2015|Legal News, Tax law|0 Comments

Voluntary Tax Disclosure Program And Informer Reward Scheme

The Voluntary Tax Disclosure Program (VTDP) is where a taxpayer confidentially discloses any tax liabilities to the Kenya Revenue Authority (KRA) for the purpose of being granted relief of penalties and interest of the tax disclosed taxes. This program is aimed at improving revenue collection through enhanced compliance by bringing more taxpayers from the [...]

By |2021-12-02T07:51:04+03:00July 2nd, 2015|Legal News, Tax law|0 Comments

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