This act may be cited as the technical and vocational education and training act, 20. Valueadded tax act 2014 an overview briefing the commencement date of the vat act 2014 the new act, which received presidential assent on 11 december 2014, is now confirmed as. The value added tax act, 20 vat act gives the cabinet secretary for the national treasury cs treasury powers to issue regulations to guide the implementation of the vat act. Interpretation 1 in this act, unless the context otherwise requires accreditation means the process by which the board formally recognizes and confirms by certification that an institution has met and continues to meet. Pursuant to section 67 of the value added tax act, 20, the cabinet secretary for the national treasury cs, recently published the vat regulations through legal notice 54 of 2017. Valueadded tax vat is an indirect tax levied under the value added tax act 20. Pursuant to section 67 of the value added tax act, 20, the cabinet. What is value added tax vat uganda revenue authority. Published by the national council for law reporting with the. Kenya revenue authority will issue some directive on the.
Kenya enacts tax procedures act, 2015 ey global tax alert library. Ghanas parliament has enacted the value added tax amendment act, 2017 act 948 to amend the value added tax act, 20 act 870. Value added tax act, 20 act 870 communication service tax act, 2008 act 754 value added tax amendment no. The current vat act was passed into law on 2 september 20 and its implementation has. On 18 july 2018, kenyas president assented to the tax laws amendment act, 2018. An act of parliament to impose a tax to be known as value added tax on goods delivered in, or imported into kenya. Gogla is fully aware of this unfavorable situation and is. However, vat refunds that were due under the previous act will still be payable under the new act. Ey tax insights 10 economic impacts kenyas vat act changes. Section 7 of the principal act is amended 3 act 5 value added tax amendment. Value added tax act, 2014 department of inland revenue. Kenyas general vat rate is 16%, with other rates including 0% that can apply to certain transactions. The value added tax act 2014 the united republic of tanzania no.
Valueadded tax act 89 of 1991 south african government. The act however does not go further to define the phrase use. Exempt goods importation of the following goods shall be vat exempt. Value added tax act, 20 an act to revise and consolidate the law relating to the imposition of the value added tax and to provide for related matters. September 20 18 seminar vat act 20 section 4 time and place of supply local services a supply of services is made in kenya if the place of business of the supplier from which the. Value added tax act, 2014 c value added tax act, 2014 an act to provide for the imposition assessment and collection of value added tax on the supply and. It was previously levied under vat act cap 476 1989. I 2243 value added tax amendment act, 2017 act 948.
The vat act amendment of 2014, guides what ultimately ends up as vatable amount original amount. Value added tax 7 issue 1 chapter 476 value added tax act date of assent. The valueadded tax vat is administered by the kenya revenue authority. Provisions regarding the income tax act ita cap 470 and value added tax act.
If the place of business of the supplier is not in kenya, the supply. Passed by parliament and assented to by the president. The kenya revenue authority kra often takes the position that in such cases the. Publication and news dla piper africa in kenya ikm. Exempt goods importation of the following goods shall be vat exempt specific items tariff code description 1. Exercising these powers, on 7 april 2017 the cs treasury gazetted the value added tax regulations. Sections 1, 2, 16 and 22 of the act and regulation 18 deal with. A tax, to be known as value added tax, shall be charged in accordance with the provisions of this act on the supply of goods and services in kenya including. S 1, 7, 1618, 2021, 34, 41, 44, 55, 5859, 67, 69, 76, sch 12. On september 17, 20, president uhuru kenyatta ordered the kenya revenue authority and the national treasury to clarify on the list of vat exempt goods in kenya.
The vat act 20 defines export of services to mean services provided for use or consumption outside kenya. In exercise of the powers conferred by section 61 of the. Lessons from kenya africa growth initiative almost doubled from 17. Interpretation 1 in this act, unless the context otherwise requires accreditation means the. Tax alert detailed discussion this act essentially, by deletion, amends the provisions of the income tax act and. September 20 19 seminar vat act 20 section 4 time and place of supply local services a supply of services is made in kenya if the place of business of the supplier from which the. Mini auction for reoffers scheduled to take place on 29th january 2020 at customs warehouse kilindini.
Vat is chargeable on goods and services that are sold in or imported into kenya. Highlights of value added tax amendment act, 2017 act. Amended by valueadded tax amendment act 61 of 1993. South african institute of chartered accountants integritax newsletter income tax and vat acts online the income tax act, 1962, valueadded tax act, 1991 and other tax acts may be. Development and production act, 20, or the petroleum refinery, conversion, transmission and midstream storage act 20. The law governing vat is the value added tax act 1998 act 546 and value added tax regulations 1998 l. The standard rate of vat for all normal goods is 16%. Vat act 20 first and second schedule 1 files 51 downloads. Introduction to the vat bill, 20 expected commencement date. The standard value added tax rate in kenya is 16% in accordance to the vat act. Kenya kra vat calculator vat inclusive, exclusive prices.