KRA Announces 4 Massive Changes in Payment of Taxes.

KRA Announces 4 Massive Changes in Payment of Taxes.

TweetShare24SharePin24 SharesKenya Revenue Authority (KRA) has announced changes in the payment of Rental taxes and other taxes. The changes will have a huge impact for both tenants in affordable and costly residential rentals. The current income taxes from rentals stand at the rate of 10%. KRA requires filing of taxes by 20th of each month for landlords. KRA tweeted, ” The upper threshold has been increased from Ksh 10m per annum to Ksh 15m. “The lower threshold has been increased from Ksh 144,000 per annum to Ksh 288,000. Effective on 1st…

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