LEXNOVA

We unpack New & Emerging areas of #Law #Tax #Tech #Climate #Trade

[Will Cannon @iamwillcannon]

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[LEXNOVA @LEXNOVA23]

#ikokaziKE

[LEXNOVA @LEXNOVA23]

https://t.co/9DbQSUWQhh

[Mwango Capital @MwangoCapital]

Who dis?

[LEXNOVA @LEXNOVA23]

@Kenyans We are overly reliant on taxes from employment income. The government should diversify its revenue sources by implementing policies that promote other sources of income for its people.

[LEXNOVA @LEXNOVA23]

This statement shows the president has intel on dissent re Housing fund among KK members hence this threat.

[Kenyans.co.ke @Kenyans]

I am waiting for MPs who will vote against the Finance Bill - President Ruto

[LEXNOVA @LEXNOVA23]

Will they bear the burden of taxation it the bill passes anyway as he claims majority?

[Citizen TV Kenya @citizentvkenya]

No more roads for areas whose MPs oppose Finance Bill - Gachagua https://t.co/RB9rYqXVz6

[LEXNOVA @LEXNOVA23]

The #FinanceBill2023 proposes a raft of measures the government intends to take in order to fund Kenya’s budget for 2023-2024. In it for the first-time is the introduction of #DigitalAssetsTax. We discuss why the proposal is premature and a threat to #innovation.

[LEXNOVA @LEXNOVA23]

The #FinanceBill2023 proposes a raft of measures the government intends to take in order to fund Kenya’s budget for 2023-2024. In it for the first-time is the introduction of #DigitalAssetsTax. We discuss why the proposal is premature and a threat to #innovation.

[LEXNOVA @LEXNOVA23]

@AmbokoJH @MihrThakar

[LEXNOVA @LEXNOVA23]

EXPLAINER!
1) The proposed #FinanceBill2023 has several clauses which has elicited varied reactions from Kenyans. Among them is the is the VAT on insurance compensation.
We try to simplify or perhaps clarify that section. A 🧵 1/n
@______Chiri

[LEXNOVA @LEXNOVA23]

Yaani, hii kitu ni simple, if you are not registered for VAT meaning you did not claim input VAT, you will not pay the VAT on insurance compensation.