Increased taxes for teachers, civil servants from January 2021

KRA Turnover Tax, TOT, Payment.

Teachers and other civil servants (and Kenyans at large) should brace for hard times ahead as the government moves to return to the pre-covid 19 tax regime. Effective January 1, 2021 Individual Income Tax rate will revert to 30% from the current 25%. Other taxes that are set for increase are Corporate Tax and Value … Read more

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