Tag Archives: Income Tax Act

The Kenya Revenue Authority (KRA) has announced that the market interest rate used to calculate fringe benefit tax will remain at 8 per cent for the period covering July to September 2026. In a public notice released on Wednesday, KRA said the rate has been prescribed under Section 12B of …

The Kenya Electricity Generating Company, KenGen, has suffered a setback after the Tax Appeals Tribunal upheld a Sh2.36 billion compensating tax assessment issued by the Kenya Revenue Authority. The ruling stems from a long-running dispute over dividend payments made by KenGen between 2020 and 2023. The Tribunal found that the …