Morning ladies and gentlemen, men and women, Elders and humble dwellers of kenyatalkville…A chilly morning it is
Naomba mnisaidie na latest tax bands and rates za PAYE na pia taxation ya lumpsum and pension when someone retires
Siku njema
hehehehe! hapo Muthoni ana kaa aje kama kuku amenyeshewa?
Mpaka ako na Comb kama kuku ya ukweli!
Monthly Bands of Taxable Income (KES) Tax Rate 0 – 12,29810%On the next 11,58715%On the next 11,58720%On the next 11,58725%Over 47,05930%Personal Relief: KES 1,408.00 per monthMinimum Taxable Income: KES 13,486.00 per month
On taxation of lump sum, the total amount is spread on the annual table e.g. 12298x12 =147,576@10%, the next 139,044@15%, and so on then less the personal reliefs for the months in the year, once the tax is defined you less the tax already paid in the year. the balance is tax to be deducted
can’t relate