Summary of Taxes and Statutory Compliance

The summary of the taxes applicable in Kenya are as follows;

1. Corporation Tax {Paid as Installment Taxes} 30%, (25% in year 2020) 37.5% (Non-Resident
Entities)
2. Withholding Tax Rates {3%, 5%, 10%, 20%, 30%}
3. Pay As You Earn {PAYE Graduated}, the highest rate being 25%.
4. Value Added Tax – VAT @8% (Petroleum), 14% Standard Sale
5. Withholding VAT @2% – Effective date 7th Nov 2019
6. Capital Gain Tax – CGT Effective date 1st January 2015 @5%
7. Customs and Excise Duty.
8. Kenya Bureau of Standards {KEBS @0.2%}
9. National Industrial Training Authority {NITA Kshs.50/= per staff}
10. National Social Security fund {NSSF Graduated}
11. National Hospital Insurance Fund {NHIF Graduated}
12. Catering Levy {Tourism Levy Fund 2%}
13. Monthly Residential Income Tax {MRI} – 10% of the Gross Receipt, Wef 1st Jan 2016
14. Turnover Tax {TOT} – 1% p.m. on Net Income, W.e.f 1st, April 2020.

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