Calculate PAYE tax, NSSF rates, net salary, and income tax rates in Kenya 2019 and compare with the old rates from 2017 on this KRA PAYE tax calculator Kenya.
The State statistics agency notes that the earnings or wages cover all cash payments, including basic salary, cost of living allowances, and profit bonus, together with the value of rations and freeboard, and an estimate of the employer’s contribution towards housing. Other top earners in the ...
The average monthly salary for those employed at organisations such as the World Bank, the UN and the United States Agency for International Development (USAid) stood at Sh308,330 in 2020 and Sh293,256 in 2019. The financial services sector was the second-highest paying sector last year, acc...
Focusing on their first years in the presidency, President Ruto’s borrowing has surpassed that of President Kenyatta’s, making Dr Ruto the king of borrowing. Whereas Uhuru used to pay about Sh61.4 billion weekly to offset the debt and still keep the taxes low and provide subsidies such as ...
The pay rise comes at a time when several companies have either frozen salary increments or opted to cut jobs as sales and margins fall. KQ reported its biggest half-year loss in August, weighed down by heavy forex losses and a pile-up of debt that have upset its turnaround ...
The county attorney Vivianne Mmbaka says the revelations were made in a suit filed by West Kenya as it sought to stop former employees from enforcing an award of Sh934.4 million, arising from salary arrears. “It is strange and impractical for the 6th plaintiff (West Kenya) w...
The corporation, though, had an alternative to pay him Sh22.3 million as his gross salary for a year. The court, however, acknowledged that it would be unfair, and even awkward, for the employer to pay such a large sum to someone who was willing to resume work. ...
Kenya is forging ahead with its plan to build a Sh121.45 billion pipeline from Lokichar to Lamu to boost its crude oil exports despite the concern over falling prices of the commodity in the global market. Budget estimates show that the State Department for Petroleum plans to ...
The Kenya Revenue Authority has struggled to meet the targets in tax receipts, a trend which has been exacerbated by the Covid-19 crisis which has taken a toll on economic activity.
“The law did not foresee a structure where we have this kind of workers and their relationship being different from normal. The current employment laws only benefit the modules where you go to work and get a salary,” Mr Kashindi said. ...