Taxes on salaries, wages, and allowances paid to workers grew at a single-digit rate in the just concluded financial year, underlining a toughening labour market where decent formal jobs are shrinking amid a freeze on pay raise in most sectors.
The Kenya Revenue Authority (KRA) netted Sh543.19 billion in payroll taxes for the year ended June 2024, a 9.76 percent growth over Sh494.90 billion in the year before.
