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Tax news in Africa
An overview of news, trends and research in the category Tax in Africa:
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Tax
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Simplification might be the solution to Ghana's tax woes
The number of complicated steps required to pay tax in Ghana might be the biggest barrier to compliance in the country, according to PwC Ghana Partner Abeiku Gyan-Quansah.
21 February 2020
KPMG discusses the new finance bill in Nigeria
Nigeria’s new Finance Act 2019 came into effect on the 1st of February, and the new bill has the potential to benefit multiple economic segments in the country, according to KPMG.
10 February 2020
Recommendations for Nigeria's new FIRS leadership
Following the appointment of Muhammad Nami as Chairman of Nigeria’s Federal Inland Revenue Service (FIRS) late last year, PwC Partner and West Africa Tax Leader Taiwo Oyedele has called for a patient
24 January 2020
KPMG tax manager comments on the effects of the KRA tax pardon
In light of revelations from the Kenyan Revenue Authority (KRA) that more that Sh118 billion is being repatriated to Kenya by wealthy citizens from offshore assets, Senior Tax Services Manager at KPM
12 September 2019
KPMG offers recommendations on the new Finance Bill in Kenya
Big Four accounting and advisory firm KPMG has urged the Kenyan government to reconsider the new financial policies that will entail a greater tax burden for property owners and sellers.
29 August 2019
PwC Nigeria executive links revenue levels to crude oil prices
Despite economic challenges, real and predicted revenue collection levels in Nigeria continue to rise.
28 August 2019
Proposed VAT on e-commerce is aimed at levelling the playing field
In an interview with Business Insider, Partner at KPMG Nigeria’s Tax Regulatory & People Services vertical Adewale Ajayi has explained how the new 5% Vat being implemented on online purchases is to e
21 August 2019
Kenya's revenue woes potentially stem from the criteria for attributing PINs
Big Four accounting and advisory firm EY has indicated that the criteria being used by the Kenya Revenue Authority (KRA) to collect revenue is the root cause of its tax collection woes.
07 June 2019
Economic growth is the straight-forward solution to Nigeria's tax woes
Nigeria must rely on economic growth to boost tax revenues and not vice-versa, according to Chairman of KPMG Africa Kunle Elebute.
05 June 2019
Technology is essential to simplifying the tax compliance process in Nigeria
Despite increasing pressure on public coffers and the expanding need for tax collection, inefficiency and a lack of user-friendly mechanisms are posing a major barrier to paying taxes in Nigeria, acc
03 April 2019
Tax policies in Ghana might be a barrier not a boon for business
As Ghana looks to develop its business environment as a driver of economic growth, restrictive tax policies might be the biggest hindrance to growth for businesses in the country, according to Kofi F
06 February 2019
McKinsey helps Ghana Revenue Authority achieve double digit growth rates
Following the appointment of global management consultancy McKinsey & Company to support with tightening its revenue collection process, the Ghana Revenue Authority has expressed its satisfaction wit
24 January 2019
Sub-Saharan Africa's tax practices align with those across the world
Tax compliance is an increasingly pertinent issue across the globe and particularly in Africa, where the most pertinent regulations are still being worked out by the various governments.
21 January 2019
Andersen Global announces the official opening of its Kenya operations
Following the addition of a local member firm Nexus Business Advisory to its network in April this year, Andersen Global has begun to operate in the Kenyan market through its presence in Nairobi.
08 October 2018
Leadway Assurance and PwC organise tax compliance seminar in Lagos
Lagos-based insurance services firm Leadway Assurance held a seminar to facilitate an increased in dialogues between tax authorities and members of the business environment, with the specific objecti
27 September 2018
McKinsey to help Ghana Revenue Authority improve tax collection process
The Ghanaian tax authority has hired global management consultancy McKinsey & Company to assist with improvements in the collection process.
17 September 2018
EY Nigeria holds information session about new tax regulatory framework
Following the introduction of new country-by-country income tax reporting regulations by the Federal Government of Nigeria earlier this year, global professional services firm EY has held a “knowledg
27 July 2018
Andersen Tax expands Africa presence with new member firm in Kenya
International professional services firm Andersen Global has added yet another firm to its African operations, allowing it entry and access into the Kenyan consulting market.
13 April 2018
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