New Paye Tax Brackets 2024 Kenya

New Paye Tax Brackets 2024 Kenya. One of the key changes is now reflected in the new pay as you earn (paye) rates after the act introduced two new income tax bands and rates at 32.5% for persons earning. In kenya, various taxes are applicable to taxpayers such as corporation tax, individual income tax, value added tax and pay as you earn.

Kenya’s tiered tax system has rates ranging from 10% to 35% as of july 2023. Starting 1 october 2024, all employees are expected to pay 2.75% of their gross monthly salary to this fund.