Tax Alerts

We provide a wealth of publications by PwC Kenya providing informed commentary on current developments in the tax arena.

Through analysis and comment on new law and judicial decisions of interest, they assist business executives to identify developments and trends in tax law and revenue practice that might impact their business.

Employee exploring the latest PwC Kenya Tax Alert

In this alert:

Tax Alert: Revised NSSF contribution rates effective February 2024

The monthly payroll contributions to the National Social Security Fund (“NSSF”) are set to increase with effect from 1 February 2024. The lower earnings threshold for the purpose of calculating the NSSF payable is set to rise from KES 6,000 to KES 7,000, and the upper limit will now be KES 36,000, doubling the current limit of KES 18,000. Consequently, the monthly contribution from both employer and employee will be capped at KES 840 for the lower earnings limit, while the maximum contribution will be KES 4,320 for the upper earnings limit, equally split between the employer and the employee. 

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Stephen Okello

Stephen Okello

Partner, PwC Kenya

Tel: +254 (20) 285 5000

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Jane Kithela

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