Taxes MPs approved in changes to Finance Bill

Parliament in session. FILE PHOTO | JEFF ANGOTE | NMG

President Uhuru Kenyatta is expected to sign the Finance Bill 2022 after lawmakers approved tax measures aimed at raising the Sh3.3 trillion budget.

The Treasury, through the Finance Bill, seeks to generate at least Sh51.6 billion in revenue to finance the budget for the financial year starting July 1.

PAYE Tax Calculator

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