There are tax bands for PAYE because taxpayers earn New PAYE Tax Bands were widened yet again by 10%. Thus, the tax rates were pushed 10% higher. For example, the lowest tax band at 10 % tax rate moved to kshs 147,580 per year while the highest tax band at 30 % tax rate moved over to kshs 564,709 and over per year.
The following is a table of the new PAYE bands.
Per Year (kshs) Tax rate
- On the first 147,580 10 %
- On the next 139,043 15 %
- On the next 139,043 20 %
- On the next 139,043 25 %
- Income over 564,709 30 %
Besides, personal tax relief was increased to ksh 16,896 per year.
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Disclaimer
This post is for general overview and guidance and does not in any way amount to professional advice. Consequently, www.taxkenya.com, it’s owner or associates do not take any responsibility for results of any action taken on the basis of the information in this post or for any errors or omissions. Kenyan taxpayers must always rely on the most current information from KRA. Tax industry in Kenya is very dynamic.
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