Unlock the secrets of taxation with our immersive 5-day online masterclass, led by the experienced and knowledgeable RWK Associates. Get ready to delve into the world of taxes like never before as we equip you with the expertise you need.
18th – 22nd SEPTEMBER 2023
Day Classes: 10 AM – 01 PM | Evening Classes: 7 PM – 10 PM
Charges: KSh. 10,000
Why Choose Our Taxation Masterclass...?
Expert Guidance
Our Instructors from RWK Associates are seasoned professionals in the field of taxation. They possess a wealth of knowledge and practical experience that they are eager to shre with you. Throughout the masterclass, you’ll have the opportunity to learn from the very best in the industry.
Comprehensive Curriculum
We have carefully designed this masterclass to cover all essential aspects of taxation. from understanding the latest tax laws and regulations to effective tax planning strategies, youll gain insights that are both relevant and immediately applicable.
Course Outline
Introduction
Day 1: [ 18th September ]
Day 2: [ 19th September ]
Day 3: [ 20th September ]
Day 4: [ 21st September ]
Day 5: [ 22nd September ]
Introduction
Each day will include interactive discussions, Q&A sessions, and practical exercises to reinforce learning. The course content is subject to minor adjustments to cater to participants’ specific needs and level of expertise.
Content
Day 1: Taxation in Kenya
Day 2: Value Added Tax & Electronic Tax Invoice
Day 3: Income Tax & ITax
Day 4: Tax Audits and Disputes resolution
Day 5: Tax refunds, Tax Saving strategies and Emerging issues
Day 1: [ 18th September ]
Taxation in Kenya
Overview of Taxation in Kenya
Understanding PAYE (Pay As You Earn)
National Health Insurance Fund (NHIF) Contributions
National Social Security Fund (NSSF) Contributions
Taxation on Rental Income
Turnover Tax for Small Businesses
Catering Levy and Applicable Regulations
Installment Tax Payment Procedures
Practical Exercises: Calculating PAYE, NSSF, and NHIF Contributions
Practical Exercises: Determining Turnover Tax and Rental Income Tax
Day 2: [ 19th September ]
Value Added Tax (VAT) and Electronic Tax Invoice
Introduction to Value Added Tax (VAT)
VAT Registration and Deregistration Requirements
VAT Rates and Exemptions
Understanding Electronic Tax Invoice
Tax Invoice Management System (TIMS) – Features and Benefits
Practical Exercises: Calculating VAT and Filling out Electronic Tax Invoices
Day 3: [ 20th September ]
Income Tax and ITax
Exploring Income Tax in Kenya
Capital Gains Tax – Applicability and Rates
Advance Tax and Standard Levy
Cross-Border Taxation – International Tax Considerations
Introduction to ITax – Kenya’s Online Tax Management System
Practical Examples: Filing Income Tax Returns using ITax
Practical Exercises: Calculating Capital Gains Tax and Advance Tax
Day 4: [ 21st September ]
Tax Audits and Disputes Resolution
Understanding Tax Audits – Process and Importance
Tax Audit Triggers – How to Avoid Tax Scrutiny
Handling Tax Audits – Best Practices
Tax Disputes and Resolution Mechanisms
Case Studies: Real-life Tax Audit Scenarios
Case Studies: Resolving Tax Disputes Effectively
Day 5: [ 22nd September ]
Tax Refunds, Saving Strategies, and Emerging Issues
Tax Refunds – Eligibility and Application Process
Tax Saving Strategies for Individuals and Businesses
Staying Updated on Emerging Tax Issues and Regulations
Practical Examples: Maximizing Tax Refunds and Implementing Saving Strategies
Emerging Issues in Taxation – Future Trends and Predictions
Recap of Key Learnings from the Masterclass
Some Reviews from Past Attendees
"The Taxation Masterclass by RWK Associates exceeded my expectations. The instructors were engaging and provided real-life examples that made complex concepts easy to grasp. I highly recommend this course to anyone looking to enhance their tax knowledge."
Sarah T.
Accountant
"I've attended several courses and webinars, but the Taxation Masterclass was by far the most valuable. The instructors were passionate about the subjest, and the course materials were well-organized. i'm grateful for the invaluable knowledge gained from this experience."
Salome Njeri
Manager
"I've attended several courses and webinars, but the Taxation Masterclass was by far the most valuable. The instructors were passionate about the subjest, and the course materials were well-organized."
Edward
Accountant
" As a business owner, taxes were always a daunting topic for me. But after attending the masterclass, I feel much more confident in managing and running my business's tax obligations. It was worth every penny!"
Anne W.
Business Owner