Employers to take the biggest hit as NSSF implements Act

DNCOASTNSSF1012E

Members of the public outside National Social Security Funds (NSSF) Offices in Mombasa. FILE PHOTO | NMG

Kenyan employers have called on the government to clarify whether the new National Social Security Fund (NSSF) deductions would be effected on basic pay or total emoluments as they prepare to take a major hit after the court ended a seven-year impasse.

The Federation of Kenya Employers (FKE) says there are issues around the effecting of the NSSF Act 2013 that need to be addressed due to the serious implications it has for employment in our country.

PAYE Tax Calculator

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