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How the 2025/2026 Budget Will Affect Income Tax

kenyans.co.ke/news/1...

submitted 7 months ago by Samuelwriter_ke

How the 2025/2026 Budget Will Affect Income Tax

submitted 7 months ago by Samuelwriter_ke

How the 2025/2026 Budget Will Affect Income Tax
  • Treasury Cabinet Secretary John Mbadi announced income tax changes in the 2025/2026 Budget to boost revenue collection and ease the burden on Kenyan workers and businesses, including exempting all gratuity payments from taxation.
  • The changes aim to provide financial relief to retirees, clarify tax laws, empower the Kenya Revenue Authority to enter agreements with multinational companies, and offer tax relief for home construction loans, among other measures.
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