Tag Archives: Kenya finance

KRA Releases New Tax Notice Affecting Employers and Companies

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 …

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KRA Announces 100% Tax Penalty Waiver

The Kenya Revenue Authority (KRA) has reinstated a tax amnesty programme that offers a 100 percent waiver on penalties, interest and fines for tax debts accumulated up to December 31, 2025, in a move aimed at easing taxpayers’ financial burden and improving tax compliance. The six-month initiative, introduced through the …

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