The Kenya Revenue Authority (KRA) has reminded taxpayers, employers and business owners to comply with the latest tax requirements on Fringe Benefit Tax and Deemed Interest Rate for the months of April, May and June 2026. In a public notice released on May 13,2026, KRA announced that the market interest rate for Fringe Benefit Tax
The Kenya Revenue Authority (KRA) has set the market interest rate used to calculate taxes on employee loans at 8 percent for the period between April and June 2026. In a notice issued in line with the Income Tax Act, KRA said the rate will guide the computation of Fringe Benefit Tax (FBT), which applies