The Finance Bill 2026 extended Kenya's tax amnesty to 31 December 2026. Penalties and interest accumulated up to 31 December 2025 are waived in full once the principal tax is paid. This article explains who qualifies, how to apply on iTax, and the trade-offs for diaspora landlords and SMEs.
The Finance Bill 2026 increases the residential rental income tax rate from 7.5% to 10% of gross rent. The Bill also introduces a 30% withholding tax on rent paid to non-resident persons. Diaspora landlords face a meaningfully different tax bill in 2026/27 and should review their property holding structures.
Property transactions in Kenya attract multiple taxes including stamp duty at two to four percent paid by buyers, capital gains tax at 15 percent on profits paid by sellers, monthly rental income tax ...
Kenya's tax system, administered by the Kenya Revenue Authority, generates over 90 percent of government revenue through a complex framework of income tax, VAT, excise duty, customs duty, and various ...
Owning rental property in Kenya comes with tax obligations that every landlord must understand and fulfill. From the monthly rental income tax to capital gains tax when you sell, stamp duty on purchas...
Kenya's tax system is one of the most comprehensive in East Africa, comprising multiple tax types that affect individuals, businesses, and transactions at various levels. Understanding these taxes is ...
Filing tax returns with the Kenya Revenue Authority (KRA) is an annual obligation for every person and entity holding a KRA PIN. The iTax platform has simplified the process, allowing taxpayers to fil...
Comprehensive guide to Kenya's tax system for diaspora taxpayers. Covers residency rules, income tax, withholding tax, DTAs, filing requirements, and tax planning strategies.
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