Kenya Reduces Market and Deemed Interest Rates for Fringe Benefit Tax and Non-Resident Loans and Interest Rate for Low Interest Loans

The Kenya Revenue Authority has issued a public notice on the market interest rate for fringe benefit tax purposes and the deemed interest rate for certain non-resident loans for the months of July, August, and September 2025, which has been reduced from 9% to 8%. The notice also provides the prescribed interest rate for the low interest (loan) benefit, which has been reduced from 14% to 9% fo…
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