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Housing Levy deductions to take effect from March 19

By Stephanie Wangari | 1yr ago

President William Ruto and other senior government officials inspect an affordable housing project at Mukuru in Nairobi. [File, Standard]

The Affordable Housing Levy deductions will take effect from March 19, 2024, the Kenya Revenue Authority (KRA) has announced.

Employers will be required to deduct 1.5 percent of their employees' gross salary every month and remit it together with a matching contribution.

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["Housing Levy","Housing Levy Deductions","Affordable Housing Act"]

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