National Treasury Cabinet Secretary (CS) John Mbadi has said the government is still considering changes to Pay As You Earn (PAYE) rates under the Finance Bill 2026. Speaking during a media briefing held on Monday, May 11, 2026, Mbadi said the proposal to increase the tax-free monthly income threshold from Ksh 24,000 to Ksh 30,000
The Kenya Bankers Association (KBA) has proposed a 5% reduction in Pay As You Earn (PAYE) tax across all bands and recommended capping the top rate at 30% to boost economic growth. In a statement, KBA said it supports the decision by President William Ruto to exempt Kenyans earning up to Ksh 30,00 from PAYE
The Kenya Bankers Association (KBA) has proposed a uniform 5% reduction in Pay As You Earn (PAYE) tax rates across all income bands, arguing that the move is essential to restore purchasing power, stimulate economic growth, and strengthen government revenue. The proposal, aimed at the 2026/2027 fiscal cycle, comes as a direct response to a
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