Finance Bill, 2024: Align proposed tax changes with global best practices

The National Treasury building. 

Photo credit: File | Lucy Wanjiru | Nation Media Group

The Finance Bill 2024, recently tabled in Parliament, presents an opportunity for Kenya to align its fiscal policy with global best practices in taxation.

The Bill aims to expand the tax base by bringing more economic activities into the tax net and removing certain tax exemptions.

PAYE Tax Calculator

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