Tax Rates 2024 Kenya. Dear fellow kenyans, the finance bill 2024 proposes numerous new taxes and increased rates on essential goods and services, which will significantly raise the cost of living for all kenyans. For a more detailed assessment, including other deductions or specific tax advice, consult a tax professional.
In the last decade, the real gross domestic product (gdp) growth has averaged over 5%. Calculate you annual salary after tax using the online kenya tax calculator, updated with the 2024 income tax rates in kenya.
The Tax Tables Below Include The Tax Rates, Thresholds And Allowances Included In The Kenya Tax Calculator 2023.
The tax tables below include the tax rates, thresholds and allowances included in the kenya tax calculator 2024.
In The Last Decade, The Real Gross Domestic Product (Gdp) Growth Has Averaged Over 5%.
Tax implications of the finance bill, 2024.
The Cabinet Secretary For The National Treasury And Economic Planning Will Read The National Budget Speech On 13 June 2024.
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The Rate Of Value Added Tax Is 16% With Effect From 1St January, 2021.
Income tax individual tax rates.
The Tax Tables Below Include The Tax Rates, Thresholds And Allowances Included In The Kenya Tax Calculator 2024.
For purposes of computing paye, an employer is required to apply the individual income tax rates (bands) that range from 10% to 35% as per finance act 2023 as tabulated below (effective 1 st july 2023);
Effective 01.02.2024, The Nssf Lel Increases From Kes.