Inside President Ruto’s first Sh3.6 trillion budget, taxation plans

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President William Ruto speaking at the Deliverance Church International in Ruai, Nairobi County on February 5, 2023. PHOTO |  DENNIS ONSONGO | NMG

President William Ruto’s administration plans to raid taxpayers for an additional Sh392.70 billion and cut fresh borrowing to fund his first budget of Sh3.6 trillion for the year starting July.

Documents tabled in the House last evening show that Kenya Kwanza’s administration’s first budget will expand by Sh215.03 billion compared with the current one prepared by its predecessor.

PAYE Tax Calculator

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