Kenya – Finance Act 2023 declared unconstitutional

Kenya – Finance Act 2023 declared unconstitutional

On the 31st of July 2024, the Kenya Court of Appeal declared the entire Finance Act 2023 unconstitutional. The Finance Act 2023 introduced the Post-Retirement Medical Fund Relief as well two additional tax bands for high income earners. 

We are awaiting clarity on the way forward and will continue to monitor the situation and keep you updated.