Business Daily·3 min read·medium
Treasury to table payslip tax cuts in September
K
Kepha Muiruri
✦AI Summary
The Kenyan National Treasury plans to introduce a Tax Amendments Bill in September to address public outcry over high payroll deductions. The proposed legislation aims to provide relief to salaried workers following the implementation of the Affordable Housing Levy and the Social Health Insurance Fund.
The National Treasury will table legislation in September to reduce payroll taxes, bowing to growing public pressure over shrinking pay slips following a series of mandatory deductions, including the 1.5 percent Affordable Housing Levy and contributions to the Social Health Insurance Fund (SHIF).
politicsbusinesseconomy
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