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Kenya Reducing Tax Rates in Response to COVID-19

|Approved Changes|Kenya
Kenya

Kenyan President Uhuru Kenyatta announced on 25 March that he has instructed the National Treasury to implement the following immediate relief in response to COVID-19:

  • 100% tax relief for persons earning gross monthly income of up to KES 24,000;
  • a reduction in the top pay-as-you-earn (PAYE) tax rate for individuals from 30% to 25%;
  • a reduction in the resident corporate tax rate from 30% to 25…

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