Title Tax Reliefs
Description

1.  Personal Relief


 


•     Personal Relief is granted to resident individuals.


 


•     It is meant to lighten the tax burden on the taxpayer.


 


•     It is currently set at KShs 2,400 or KShs 28,800 per year.


 


 


2.  Insurance Relief


 


•     Insurance relief is granted to an employee who has paid insurance premiums for life or health or education policies for himself, his wife or child.


•     Relief is given at 15% of premiums paid up to a maximum of KShs 60,000 per annum.


 


•     For education the policy has a maturity period of at least 10 years.


 


 


3.  Employment Act, 2007 (Affordable Housing Levy)


 


1.   Each employee and employer shall pay the Affordable Housing Levy at a rate of 1.5% of the employee’s gross monthly salary;


2.     Remit the amount comprising the employee’s and the employer’s payment within 9 working days after the end of the month in which the payment is due.
Category More about PAYE