John Daniel & Partners LLP, Certified Public Accountants

John Daniel & Partners LLP, Certified Public Accountants Auditing . Accounting. Tax. Advisory

Environmental, Social, and Governance(ESG) reporting is no longer voluntary for Kenya's Public Interest Entities (PIEs)....
27/08/2026

Environmental, Social, and Governance(ESG) reporting is no longer voluntary for Kenya's Public Interest Entities (PIEs). Banks, insurance companies, Saccos, listed companies, and major utility and public entities meeting the applicable PIE thresholds will be subject to mandatory sustainability reporting for accounting periods beginning on or after 1 January 2027.
These entities will be required to track and disclose standardized ESG information alongside their annual financial statement making sustainability reporting a regulatory compliance requirement rather than an optional public relations exercise

Hello Just a reminder that our free webinar, “ Tax Planning for Businesses – Legal Ways to Manage Your Tax Burden, ” is ...
26/08/2026

Hello
Just a reminder that our free webinar, “ Tax Planning for Businesses – Legal Ways to Manage Your Tax Burden, ” is happening today.

📅 Date : Today Wednesday, 26 August 2026
🕙 Time: 10:00 AM – 11:30 AM
💻 Platform : Zoom

🔗 Join the webinar: https://us06web.zoom.us/meeting/register/-2h757raRMywKN2avBiclQ

We look forward to having you join us for a practical session on how businesses can proactively plan their taxes, improve compliance, and legally manage their tax obligations.

See you at 10:00 AM!

The digital economy has significantly transformed how businesses operate, with many increasingly relying on software, di...
24/08/2026

The digital economy has significantly transformed how businesses operate, with many increasingly relying on software, digital platforms and technology services provided by companies outside Kenya. As cross-border digital transactions become more common, the Finance Act 2026 has expanded the definition of “royalty”, bringing such payments to non-resident digital and technology providers within Kenya’s withholding tax framework.

What does this mean for businesses?

•Certain payments to non-resident digital and technology providers may attract 20% withholding tax.
•Businesses should review how payments to foreign providers are classified for tax purposes.
The change may have implications for the cost and contractual terms of cross-border technology and payment services providers

Did you know?The withholding tax obligation on rental payments depends on the tax residency status of the landlord:Non-r...
19/08/2026

Did you know?
The withholding tax obligation on rental payments depends on the tax residency status of the landlord:
Non-resident landlord: A tenant paying rent is required to deduct withholding tax at 30%, even where the tenant is not an appointed withholding tax agent.

Resident landlord: Withholding tax applies where the tenant has been appointed by KRA as a withholding tax agent.

Tax Planning for Businesses 📊💼Are you paying more tax than necessary? Join us for our upcoming webinar, “Tax Planning fo...
17/08/2026

Tax Planning for Businesses 📊💼

Are you paying more tax than necessary? Join us for our upcoming webinar, “Tax Planning for Businesses – Legal Ways to Manage Your Tax Burden”, and learn practical strategies to plan your taxes, improve compliance, and legally manage your tax obligations.

📅 Wednesday, 26 August 2026
⏰ 10:00 AM – 11:30 AM
💻 Online via Zoom

Registration Link: https://us06web.zoom.us/meeting/register/-2h757raRMywKN2avBiclQ

🎯 Register now and take a proactive approach to your business tax planning.

📞 0722 817 818 | 📧 [email protected]

For many years, individual and non-individual taxpayers have had six months after the end of their year of income to pre...
12/08/2026

For many years, individual and non-individual taxpayers have had six months after the end of their year of income to prepare and file their annual income tax returns, providing a relatively longer period to prepare financial records and meet their filing obligations.
What is changing?
The Finance Act, 2026 reduces the filing period for individual taxpayers from six months to four months after the end of their year of income. The filing timeline for non-individual taxpayers remains unchanged.
Implication
The revised timeline leaves individual taxpayers with less time to prepare financial records, reconcile tax information, and file their annual income tax returns. Maintaining accurate records throughout the year and preparing early will be essential to meeting the new statutory deadline and avoiding late filing penalties.

Tax compliance is becoming more data-drivenThe Finance Act, 2026 reinforces KRA's ability to leverage information from e...
05/08/2026

Tax compliance is becoming more data-driven
The Finance Act, 2026 reinforces KRA's ability to leverage information from eTIMS, banking records, customs systems, and other third-party data to support tax assessments and audits.
As tax administration becomes increasingly data-driven, inconsistencies between these systems are more likely to trigger queries, tax assessments, and audits. Taxpayers should therefore ensure that information reported across all tax and financial records is accurate, consistent, and adequately supported by documentation.

Profit doesn't keep a business alive—cash flow does.A business can be profitable on paper and still struggle to pay sala...
03/08/2026

Profit doesn't keep a business alive—cash flow does.
A business can be profitable on paper and still struggle to pay salaries, suppliers, rent, and other operating expenses if cash is tied up in unpaid customer invoices.
Profit measures business performance, while cash flow reflects the cash available to meet day-to-day obligations. Without sufficient cash at the right time, even profitable businesses can face financial difficulties.
The key is effective cash flow management: collect receivables promptly, monitor inventory levels, and negotiate favorable payment terms with suppliers.

Accounting profit is the profit reported in your financial statements, prepared in accordance with accounting standards ...
30/07/2026

Accounting profit is the profit reported in your financial statements, prepared in accordance with accounting standards to reflect your business's financial performance
Taxable profit is the profit used by the tax authority to calculate the amount of tax a business should pay and is determined using the tax laws, not accounting standards.
Taxable profit arises because tax laws and accounting standards treat certain income and expenses differently. As a result, accounting profit is adjusted to arrive at the profit that is subject to tax.
Understanding these differences is key to accurate tax computations, compliance, and avoiding costly errors.

Mixing personal and business bank accounts can compromise the legal separation between you and your business.Commingling...
20/07/2026

Mixing personal and business bank accounts can compromise the legal separation between you and your business.
Commingling funds makes it difficult to track business income and expenses, increasing the risk of tax errors.
Keeping a separate business bank account protects your personal assets, supports accurate record-keeping, and simplifies tax compliance.

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Nairobi
00100

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Tuesday 08:30 - 17:00
Wednesday 08:30 - 17:00
Thursday 08:30 - 17:00
Friday 08:30 - 17:00

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