What employers need to know about KRA’s latest tax notice
If your employer gives you a loan at a lower interest rate than the prevailing market rate, the difference can have tax implications. This is where Fringe Benefit Tax comes in. The Kenya Revenue Authority (KRA) has set the market interest rate used to calculate the tax at 9 per cent for October, November and […]
We haven't written up this one. People Daily Kenya has the full story — the link below goes straight to it.