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Category: Finance and Taxes

Sources of funding for SME’s 

SMEs in Kenya have a wealth of funding options at their disposal. This article explores various sources of financing, from traditional banks to angel investors and digital lenders, providing insights into how SMEs can access the capital needed to fuel their business endeavors and thrive in Kenya’s dynamic business environment.

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Adopting Transfer Pricing in Kenya 

Discover how Safaricom implements transfer pricing in Kenya, ensuring adherence to local tax regulations and international standards. Learn about essential steps in this process, such as evaluating related transactions, conducting benchmarking analysis, creating documentation, ensuring compliance, and maintaining ongoing monitoring.

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Why Transfer pricing is important 

Explore the importance of transfer pricing in international business and taxation, focusing on tax optimization, legal compliance, risk mitigation, financial performance, and global strategy.

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The NHIF Amendment Act

The NHIF Amendment Act, 2022, received approval from the Kenyan Parliament on December 21, 2021, and was subsequently signed into law by the former President on January 10, 2022. This Act serves to amend the National Hospital Insurance Fund Act of 1998 and introduces several significant changes to the NHIF’s functioning and scope.

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Recovery of July 2023 Housing Levy & PAYE

Let’s explore the Affordable Housing Levy, a mandatory contribution that both employers and employees must make each month. This levy is set at a rate of 1.5% of the employees’ gross monthly salary for both employers and employees, with no maximum cap regardless of an employee’s earnings.

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The Best Ways to Invest Your Money in Kenya

Investing your hard-earned money is a fantastic way to make it work for you and grow your wealth over time. Yet, with the myriad of investment options available, it’s easy to feel overwhelmed and unsure where to begin

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Understanding Taxes and Levies and how they impact your finances in Kenya 

Taxes and levies are fundamental elements of the financial landscape in Kenya. They play a significant role in government revenue generation, public service provision, and infrastructure development. Having a comprehensive understanding of taxes and levies is crucial for individuals and businesses to navigate the financial landscape effectively. This article aims to demystify these concepts and shed light on their impact on personal and business finances in Kenya. 

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