Kenya: Ruto Announces Tax Relief for Low and Middle-Income Earners
Tax relief exempts 1.5 million low earners and reduces PAYE to 25% for workers earning up to Sh50,000, aiming to ease living costs and boost disposable income.
6 Articles
6 Articles
Govt announces plans to exempt 1.5m low-income earners from PAYE
In an effort to ease mounting public anger over high taxes and the soaring cost of living, President William Ruto’s administration has announced a sweeping exemption that removes 1.5 million low-income earners from the pay-as-you-earn (PAYE) tax bracket altogether. However, even as the President touts the move as a fresh dawn for struggling Kenyans, the […]
Ruto Tax Relief Sparks Hope for Below-Sh30000 Kenyan Workers
Ruto’s tax relief announcement lit up Kenya this week as President William Ruto laid out plans to slash taxes for millions of low-income earners. He spoke straight from State House during a Wednesday meeting with United Democratic Alliance hopefuls, saying a fresh proposal heads to Parliament soon to make life easier for folks scraping by […] Source
Ruto announces tax relief for low and middle-income earners
NAIROBI, Kenya Feb 4 – President William Ruto has announced new tax relief measures for Kenyan workers, exempting those earning up to Sh30,000 from income tax.Workers earning up to Sh50,000 will also benefit from a reduction in PAYE to 25 per cent from 35 per cent. The President said the move is aimed at easing the cost of living and boosting disposable income among low and middle-income earners. “1.5 million working Kenyans will not pay any tax…
1.5 Million Kenyans To Be Exempted From Paying Tax
The Kenya Times ~ Trending, Breaking News and Videos 1.5 Million Kenyans to Be Exempted from Paying Tax- Kindiki Deputy President Kithure Kindiki has revealed that any Kenyan earning below KSh 30,000 will not pay tax if a planned amendment is approved in the upcoming budget-making process. Speaking at the United Democratic Alliance (UDA) aspirants’ meeting at State House, Nairobi, Kindiki emphasised that the government plans to pass the law to e…
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