LSK Pushes for PAYE Cuts and Ksh30,000 Tax-Free Salary
LSK urges the Treasury to end the tax on SACCO savings, seeking non-taxable status for check-off contributions from workers’ income...
✨ Key Highlights
The Law Society of Kenya (LSK) and tax advisory firms are advocating for significant cuts to Pay As You Earn (PAYE) rates and a higher tax-free salary threshold in the Finance Bill 2026.
- LSK proposes a tax-free monthly salary of Ksh30,000, with tiered rates culminating in a 30 per cent top individual rate.
- Key organizations involved include the Law Society of Kenya and various financial and tax advisory firms.
- A notable proposal is to grant non-taxable deduction status to contributions made to cooperative societies, aligning them with pension tax treatment.
Continue Reading
Read the complete article from Kenyans
Part of the Day's Coverage
Law Society of Kenya Advocates for PAYE Reforms in Finance Bill - May 2026
The Law Society of Kenya (LSK) and tax advisory firms are advocating for significant cuts to Pay As You Earn (PAYE) rates and a higher tax-free salary threshold in the Finance Bill 2026. Sharon Kisire has been appointed as the new Vice Chairperson of the Teachers Service Commission (TSC), effective May 21, 2026. The Kenya Universities and Colleges Central Placement Service (KUCCPS) is developing a new university admission system to align with the competency-based education (CBE) curriculum for the first cohort transitioning in 2029.
