Effective 1st January 2018 new income tax brackets will come into effect for all salaried workers. The tax rates/percentages will remain steadfast with the highest tax rates at 30%. However, the different income/salary bands at which these tax rates will change, favoring the lower-income earners.
The new income brackets and new KRA PAYE tax rates used to calculate the net pay will be as follows :
|Taxable Income||Tax Rate|
|KSh.0 – KSh.12,298||10%|
|KES 12,999 – KES 23,885||15%|
|KES 23,886 – KES 35,472||20%|
|KES 35,473 – KES 47,059||25%|
|KES 47,059 and above||30%|
- How is PAYE calculated?
- New KRA PAYE tax rates 2020
- What is this PAYE income tax calculator?
- What is the Personal Tax Relief?
- KRA P9 form Download – How to File KRA Returns Using P9 Form