Taxation Of Non-Cash Employment Benefits

Generally, employers are known to incentivize their employees by either giving out cash or non-cash benefits. A non-cash benefit may range from employees purchasing shares at a discounted price through an Employee Share Ownership Plan (ESOP); A rent-free house, a vehicle for private use or an Employer (being an educational facility) allowing its teaching staff […]

Termination Of Employees On Probationary Contract Under The Employment Act, 2007

The High Court recently handed down a judgment in Petition No. 94 of 2016 – Monica Munira Kibuchi v Mount Kenya University declaring section 42 (1) of the Employment Act, 2007 unconstitutional. The above section applies to termination of employees under probationary contracts. In reaching this decision, the Court juxtaposed the statutory provisions of section […]

Will the Global Minimum Tax be a good or bad thing for Africa?.

The G7 leaders are proposing the adoption of a global minimum tax rate of 15%. This can be viewed as a “global race” to combat tax avoidance and obliteration of tax havens, with the essence to prevent multinationals from shifting profits to jurisdictions with lower tax rates. This is a thing that has been fondly […]

Curbing corona a litmus test for Kenya economy

Based on a Mervyn King’s book The End of Alchemy there is an anecdote of a young man who was studying theology at Oxford. The man was called to defend his thesis before a panel of eminent priestly figures, chaired by a distinguished philosopher who started by asking him, “Tell me, does God have much […]