Kenya's Finance Act 2020 was assented (enacted) by the president on 30 June 2020 following its approval in parliament. Some of the main tax measures of the Finance Act 2020 include the following, which are effective from 1 January 2021:

• The introduction of a new minimum tax at a rate of 1% on gross turnover that is payable by the 20th day of each period ending on the 4th, 6th, 9th and 12th mon…