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in Industry News, Tax News
Understanding the New PAYE Computation Rules Under the Tax Laws (Amendment) Act, 2024
The Kenya Revenue Authority (KRA) recently announced significant changes to the computation of Pay-As-You-Earn (PAYE) taxes, as introduced by the Tax Laws (Amendment) Act, 2024. Effective from 27th December 2024, these amendments will impact taxable employment income, tax reliefs, and benefits derived from employment. Here’s a summary of the key updates and what they mean […]