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Businesses to get tax relief for hiring fresh graduates
KCA University graduands toss in the air their caps after they graduated with different conferments during the 13th KCA University Graduation Ceremony held at the university on November 26, 2021. PHOTO | JEFF ANGOTE | NMG
Businesses that employ at least 10 fresh graduates from technical and vocational institutions will from Saturday enjoy a tax relief equivalent to half of the trainees’ salaries.
The relief starts on January 1 and will be offered to businesses that hire the graduates for between six months to a year, and is meant to boost skills development and stem Kenya’s high youth unemployment rate.
