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The Kenya Revenue Authority (KRA) has released updated guidelines on how tax is calculated on employee loans and non-cash benefits. In a notice dated July 8, 2025, KRA announced new interest rates for July to September 2025, affecting taxation on company loans, fringe benefits like housing and cars, and low or interest-free loans. The changes aim to help employees better understand how these benefits are taxed.
KRA Issues New Tax Guidelines on Employee Loans and Benefits
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