Having property in the UK but with residency status in a different country can leave you believing you have no liabilities when it comes to UK Tax matters. However you could be wrong.
Please watch the webinar recording of our “Transforming Your Sales Strategy” webinar with David O. Sijenyi who will help you understand why now is a good time to work on your sales strategy as we wait to recover from this crisis.
As our lives continue with uncertainty, it is our personalities that will determine how we face our daily challenges and our resilience that will determine how we choose to react.
At the time, there were many different opinions as to who should pay and who is responsible. The Association of Kenya Insurers (AKI) took it upon themselves as an organisation to obtain legal opinion from a well-respected legal firm in Kenya.
Firstly, just a reminder, WIBA (Work Injury Benefits Act) is a legal benefit for all employees of Kenyan businesses who have any injury at work, or work-related illness(limited to a maximum of 8 years´ salary).
On 25th April 2020 the President of Kenya assented to the Tax Laws Amendment Bill and this became an Act. Amongst various changes made, tucked away in the VAT section was the removal of VAT exemption on insurance brokers and agents.
Some of you may have seen our article and comments relating to the announcement by our Regulator, the Insurance Regulatory Authority (IRA) of new guidelines for the industry. As we anticipated, a further announcement has been issued.
Please watch the recording of our How to save money on your insurance premiums webinar to get insights on how you can better manage your general insurance premiums in this current environment.