Tax Rates Kenya 2024. For purposes of computing paye, an employer is required to apply the individual income tax rates (bands) that range from 10% to 35% as per finance act 2023 as tabulated below (effective 1 st july 2023); Kra requires an employer to apply the individual income tax rates (bands) that range from 10% to 35% as per finance act 2023 while computing paye.

Kenya has published the finance bill, 2024 which proposes a wide array of tax and administrative measures affecting different tax laws. Tax policy measures (i.e., changes in tax rates and/or tax bases) represented about 65 percent of the total changes and typically entailed a reduction in the taxpayers’ liabilities (56 percent of total tax policy changes).