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Kepsa seeks PAYE cuts on salaries above Sh500,000
The proposals to cut PAYE reflect growing concern within the private sector that aggressive taxation is dampening consumption and weakening Kenya’s attractiveness to skilled professionals and investors.
The Kenya Private Sector Alliance (Kepsa) is seeking a tax cut for workers earning more than Sh500,000 per month, arguing that easing the burden on top earners would boost disposable income, stimulate spending and support economic growth.
The private sector lobby wants the top Pay-As-You-Earn (PAYE) rate capped at 30 percent and monthly personal relief for all workers raised to Sh3,000 from the current Sh2,400.