Housing Levy: KRA demands 1.5% from landlords' gross rental income

Landlords are now required to remit 1.5 per cent of their gross rental income starting May 9.

According to a letter dated May 6, seen by the Star and written by the Kenya Revenue Authority Head Domestic Taxes Department, North Rift region, the amount will be due by the ninth of every month going forward.

KRA noted that the Affordable Housing Act 2024 introduced the Affordable Housing Levy for all persons.