the-star.co.ke·2 min read·medium
KRA sets 8% fringe benefit tax rate for July to September
✦AI Summary
The Kenya Revenue Authority has set the market interest rate, deemed interest rate, and low interest benefit rate at 8% for the period of July to September 2026. These rates are mandated under the Income Tax Act to guide taxpayers on compliance requirements.
The Kenya Revenue Authority (KRA) has set the market interest rate for calculating fringe benefit tax at eight per cent for the three months from July to September 2026.
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