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Kenya Revenue Authority has released the new monthly and annual tax rates in deducting and remitting Pay As You Earn(PAYE) taxes on salaries and pensions of employees in Kenya.
This comes after Parliament finally enacted into law the reduced rates of tax last Wednesday as proposed by President Uhuru Kenyatta on March 25.All employers who are yet to pay their employees for the month of April 2020 should therefore effect the enacted changes, according to the directive by KRA.
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