Fringe benefit tax Stories

State defends tax waivers to select companies amid audit probe
Maureen Kinyanjui  |  Aug 14, 2024

Treasury Principal Secretary Chris Kiptoo explained that the law permits these waivers, particularly in cases where the nation is expected to benefit...

Explainer: The Fringe Benefit Tax that will have employers pay more to KRA
Mercy Asamba  |  Jan 24, 2024

Failure to remit attracts a penalty of 25 per cent of the tax due and late payment attracts a penalty of 5 per cent of tax due.

Employers to pay more in taxes as KRA increases Fringe Benefit Tax to 15 per cent
Amina Wako  |  Jan 24, 2024

Fringe benefits are like soft loans that employers give to their workers as part of their salary package.

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