Home Africa Kenya: Govt Proposes Tax Relief for SHIF and Affordable Housing Deductions

Kenya: Govt Proposes Tax Relief for SHIF and Affordable Housing Deductions

Kenya: Govt Proposes Tax Relief for SHIF and Affordable Housing Deductions

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2024-11-05 05:56:36

Treasury Cabinet Secretary John Mbadi has proposed that the contributions towards the Social Health Insurance Fund (SHIF) and Affordable House Levy be made deductible allowances, a move that may see Kenyans take home more pay.

Mbadi is proposing that the deductibles be made from workers’ gross salaries before taxation to arrive at higher take-home pay for Kenyans.

The change contained in modifications to the income tax legislation would replace the present system, which provides a 15 per…

Read the full article on Kenyans.co.ke

Previous articleNamibia: CoD member dies after observation mission – Africa Links 24
Next articleZambia: Mnangagwa Aides In Secret Talks With Nehemiah Mutendi – Africa Links 24