Breaking: State Increases Staff Welfare Benefits Tax to 30% - What You Need to Know

2025-05-01
Breaking: State Increases Staff Welfare Benefits Tax to 30% - What You Need to Know
Business Daily Africa

In a significant move, the state has tripled the staff welfare benefits tax to 30 percent, as outlined in the latest Finance Bill. This change is set to impact the taxable value of fringe benefits, including loans to employees. According to the Kenya ...Read more

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