PREAMBLE

Anderson Human Capital invites you and your team to a two-day seminar on Human Resource, Taxation & Financial Planning on Termination of Employment on February 16th & 17th, 2023, at Villa Rosa Kempinski, Nairobi. This seminar focuses on key Planning Considerations that organizations must put in place to ensure that Termination of Employment is Compliant with Labour Laws requirements, HR Best Practice, is Tax Compliant, Tax effective and Financially effective. 

It may be Termination with Notice, Summary Dismissal, End of a contract or even Resignation. It could also be Retirement, could be Retrenchment, or even Redundancy. Or any other form of Termination of Employment. Whatever the case, you are in the process of separating with your employee. What are the Human Resources Issues surrounding either Termination, Redundancy, Retirement, End of contracts? What do the New Labour Laws say regarding termination of Employment? What are the due processes? What must you do as an employer to be Compliant with the Law? What Financial Planning do you need as the Organisation and what Personal Financial Planning do the employees require? What are the tax implications in computing Termination Dues? How can you Tax Plan for this day?

This seminar focuses on key Planning Considerations that organizations must put in place to ensure that Termination of Employment is both Compliant with Labour Laws requirements, is Tax Compliant and Tax effective and Financially effective. The Seminar aims to equip HR Practitioners and other Senior staff involved in managing termination process with practical insights to enable them conduct the Employment Termination exercise in a manner that meets compliance requirements and also that is effective to the organisation. Participants in this forum are able to help their organisations mitigate risks that are inherent in Termination of Employment processes.

WHO SHOULD ATTEND?

HR Managers, Administration Managers, Departmental Heads, Finance Managers, Payroll Accountants, Risk & Compliance staff, Tax Managers & Tax Accountants, Office/Administration Managers, Pension/Provident Fund Trustees,

Note-
Cost includes Facilitation, Training Materials, Lunches, Teas, Refreshments, Certificates.
Organizations sponsoring more than 3 participants get the 4th to attend free.
Participants are issued with a certificate of participation.
This Program is approved by NITA (National Industrial Training Authority).

Summary Content

   Provisions of Labour Laws on Employment termination
• Overview of Employment Act 2007
• Termination by Notice, Redundancy & Summary Dismissals
• Payment of terminal dues
• The Law on redundancy, retirement and retrenchment
• Duties of the employer on termination
• Rights of the employee on termination
• Labour relations Act with respect to terminations, retrenchment and insolvency
• The role of the Retirement Benefits Authority
Tax Planning & Management for Terminal Dues
• Terminal Benefits
• Basis of Taxation of Terminal Benefits
• KRA v/s RBA
• Taxation of Contributions & Withdrawals
• Taxation of terminal dues
• Taxation of Retirement Benefits
• Taxation of ESOPs
• Tax Planning for terminal dues
Financial Planning- Corporate
• Planning & Budgeting for Termination
• Cash-flow Management
• Borrowing – The DOs & DONTs
Financial Planning- Personal
• Principles of Personal Financial Planning
• Planning & Budgeting for Termination