GMNI is a well-established international association of quality professional accounting firms. Our members are independently owned and managed. They share a commitment to service the needs of their clients - from start-ups to fast growing businesses - worldwide. Working together for more than 40 years to provide global knowledge from a local perspective.
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This month's Newsletter from the Tax Desk at Mbaya & Associates in Nairobi focuses on the measures the government intends to make to cushion the country against the economic effects of COVID-19, and also takes a look at what constitutes VAT Fraud.
On 23 April 2020 the Small Business Administration (SBA) provided new guidance on qualifications for Payroll Protection Program (PPP) loans in the form of a Frequently Asked Question (FAZ). This was an attempt by the SBA to define how borrowers should consider financial need when certifying, in good faith, that their PPP loan request is necessary. The following question and answer was published by the SBA in FAQ #31.
On 14 April the Small Business Administration released another Interim Final Rule related to the Payroll Protection Program. Find out more.
GMNI Members Worldwide
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Member Offices
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Countries
$000M
Members' Fee Income
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United Kingdom
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