ICPAK noted that the current PAYE bands are narrow, subjecting low-income earners to higher rates.
By
Kepha Muiruri
Business Reporter
Nation Media Group
The National Treasury has been pressured to cut the top tax rate for pay-as- you- earn (PAYE) to 30 percent from the current 35 percent to lift the burden on low-income earners.
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Kenya’s private sector is lobbying for a five per cent PAYE tax cut in the Finance Bill 2026, arguing that it would boost…
The proposal to cut payroll taxes for low-income earners had been mulled before the start of a new Middle East war at the end of…
Estimates by KBA show that workers' purchasing power has declined by up to 12 percent over the last five years on the back of…
The author argues that lowering PAYE for formal workers can boost spending, expand the tax base, and ultimately increase state…
Cutting the rate to at least 25 per cent from the current 30 per cent, they argue, would stimulate foreign direct investments.
Among recommendations by bankers and accountant lobbies is the reduction of PAYE across all tax bands.
