Capital Gains Now at 15%: What It Means for Property Sellers:A 6-Step Guide by Dennkarm Prime Properties Limited.
Changes continue to shake up Kenya’s property industry. The most recent was on 21 June 2022, when Kenya’s President signed the Finance Act, 2022 into law (the Act). The Finance Act of 2022 amended the Income Tax Act (ITA) by raising the capital gains tax (CGT) rate from 5% to 15%. The tax, which went […]