Businesses breathe sigh of relief after KRA minimum tax setback

Taxpayers at KRA offices in Mombasa. FILE PHOTO | NMG

Photo credit: File | Nation Media Group

The High Court has barred the Kenya Revenue Authority (KRA) from collecting minimum tax from businesses.

Justice George Odunga made the decision on Monday after finding section 12D of the Income Tax Act unconstitutional.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.