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Finance Act 2016:New Paye Tax Bands Effective Jan 2017
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washiku
#21 Posted : Thursday, January 04, 2018 11:20:29 AM
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Joined: 5/9/2007
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Museveni
#22 Posted : Thursday, January 04, 2018 12:25:51 PM
Rank: Member


Joined: 8/16/2012
Posts: 660
washiku wrote:

Aren do a great job breaking down payroll queries

For the new tax rates

Code:

PAYE rates in effect from 1st January 2018:
Monthly Taxable Pay (Ksh)     Annual Taxable Pay (Ksh)     Rate of Tax (%)
Up to 12,298     Up to 147,580     10
12,299 - 23,885     147,581 - 286,623     15
23,886 - 35,472     286,624 - 425,666     20
35,473 - 47,059     425,667 - 564,709     25
Above 47,059     Above 564,709     30


Other important PAYE parameters are also in that page.
Live and learn; and don’t forget, nothing ventured, nothing gained.
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