Finance Act of Kenya

E894086

The Finance Act of Kenya is an annual law that outlines the government's tax measures, revenue-raising provisions, and related financial policies for a given fiscal year.

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Statements (49)

Predicate Object
instanceOf Kenyan statute
annual finance law
appliesToJurisdiction Republic of Kenya NERFINISHED
assentedToBy President of Kenya NERFINISHED
authority Article 209 of the Constitution of Kenya 2010
Article 210 of the Constitution of Kenya 2010
bindingOn Kenya Revenue Authority NERFINISHED
taxpayers in Kenya
category public finance legislation
tax legislation
consequenceOf budget process of the Government of Kenya
country Kenya
defines rates of customs duties as provided under Kenyan law
rates of excise duty
rates of income tax for the year
rates of value added tax (VAT)
dependsOn annual budget policy statement of Kenya
enactedBy National Assembly of Kenya NERFINISHED
enforcementBy Kenya Revenue Authority NERFINISHED
frequency annual
governingBody Parliament of Kenya NERFINISHED
implements budget revenue measures for a specific fiscal year
language English
legalSystem Kenyan law NERFINISHED
mayAmend Excise Duty Act of Kenya NERFINISHED
Income Tax Act of Kenya NERFINISHED
Miscellaneous Fees and Levies Act of Kenya NERFINISHED
Tax Procedures Act of Kenya NERFINISHED
Value Added Tax Act of Kenya NERFINISHED
primaryPurpose to give effect to fiscal policy for a given financial year
to implement annual tax measures
to provide revenue-raising provisions for the government
publishedIn Kenya Gazette NERFINISHED
regulates duties and levies in Kenya
fees and charges imposed by the national government
taxation in Kenya
relatedTo Appropriation Act of Kenya NERFINISHED
Kenya national budget NERFINISHED
Public Finance Management Act, 2012 NERFINISHED
requires parliamentary approval
presidential assent
scope national government revenue measures
subjectMatter administration of taxes and duties
amendments to existing tax laws
fiscal policy measures
revenue-raising provisions
tax measures
temporalQualifier enacted separately for each fiscal year
timeOfEffect specific financial year

Referenced by (1)

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