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THIRD SCHEDULE

RATES OF PERSONAL RELIEFS AND TAX-

(Sections 29, 30, 31, 32, 33, 34 & 35)   Shortcuts:  Head A,  Head B,  B3(Non-resident rates), B5(Resident WHT rates)

HEAD A

RESIDENT PERSONAL RELIEF 

1. Personal Relief:  The amount of the personal relief shall be thirteen thousand nine hundred and forty-four* fifteen thousand three hundred and sixty** sixteen thousand eight hundred and ninety six***  twenty-eight thousand eight hundred**** shillings.   1 Jan 05 Kenya Gazette 3 Jan 05 Finance Act 2006 Effective 1st Jan 07, Finance Act 2016 Effective 1st January 2017**   Finance Act, 2017 Effective 1st January 2018*** (TaxLAA-No1-2020 wef-25April2020****)
2. Insurance Relief: The amount of insurance relief shall be fifteen percent of the amount of premiums paid but shall not exceed sixty thousand shillings per annum.”
3. Affordable housing relief: The amount of affordable housing relief shall be 15% of the gross emoluments employee’s contribution but shall not exceed Ksh. 108,000 per annum.  Tax Laws(Amendment) Act2018Effective 1 July 2018,  Finance Act 2019Effective 7thNovember 2019,  Deleted by (TLAA 2024 wef 27th December, 2024 S16) 

4. Post-retirement medical fund relief : The amount of post-retirement medical fund relief shall be fifteen per cent of the amount of contribution paid or sixty thousand shillings per annum, whichever is lower.  (Finance Act 2023 wef 1st-January-2024 s26)  Deleted by (TLAA 2024 wef 27th December, 2024 S16) 

HEAD B

RATES OF TAX  

1. The individual rates of tax shall be-    Rate in each twenty shillings 
On the first Shs.116,160 ...... 147,580..........… … … … 10%  On the next Shs.109,440 .......139,043 .........… … … ... 15%  On the next Shs.109,440 .......139,043 ..........… … … .. 20% On the next Shs.109,440 .......139,043 ..........… … … .. 25%  On all income over Shs.444,480 ..........564,709..… … . 30%               Finance Act, 2016 Effective 1st January 2017 Finance Act, 2017 Effective 1st January 2018  ( Deleted  by TaxLAA-No1-2020 wef-25April2020)

The individual rates of tax shall be — Rate in each shilling 
On the first Shs. 288,000 -  10%  On the next Shs.200,000-  15% On the next Shs. 200,000 - 20%  On all income above Shs. 688,000. -25%       (TaxLAA-No1-2020 wef-25April2020)   Deleted  by (TaxLAA-No2-2020 wef-01Jan2021)  
On the first Shs. 288,000 -  10%  On the next Shs.100,000 -  25% On all income above Shs. 388,000. - 30%      (TaxLAA-No2-2020 wef-01Jan2021)  
On the first Ksh. 288,000  - - 10%
On the next Ksh. 100,000  - -  25%
On the next Ksh. 5,612,000   - - 30%
On the next Ksh. 3,600,000   - - 32.5%
On all income over Ksh. 9,600,000   - - 35%         (Finance Act 2023 wef 1st-July-2023 )

1A. Deleted by (Finance Act 2023 wef 1st-July-2023 s26)  The wife's employment, wife's professional and wife's self-employment income rates of tax shall be 

                                                                                    Rate in each Shillings 
On the first Shs.116,160..121,968......… … … … … . 10% 
On the next Shs.109,440. 139,043 .......… … … … … 15% 
On the next Shs.109,440..139,043 ......… … … … … 20% 
On the next Shs.109,440…139,043 … … … … … … 25% 
On all income over Shs.444,480 …564,709 … … .. 30%    Finance Act, 2016 Effective 1st January 2017 Finance Act, 2017 Effective 1st January 2018    ( Deleted  by TaxLAA-No1-2020 wef-25April2020)
—Rate in each shilling 
On the first Shs. 288,000 -  10% 
On the next Shs.200,000-  15%
On the next Shs. 200,000 - 20% 
On all income above Shs. 688,000. -25% (TaxLAA-No1-2020 wef-25April2020)   Deleted  by (TaxLAA-No2-2020 wef-01Jan2021)  

On the first Shs. 288,000 -  10% 
On the next Shs.100,000 -  25%
On all income above Shs. 388,000. -30%       (TaxLAA-No2-2020 wef-01Jan2021) 

(2) The corporate rate of tax shall be - 
(a) in the case of a resident company - Rate in each Twenty shillings 
  • (i) for the year of income 1974 and each subsequent year of income up to and including the year of income 1989_____ 9.00 
  • (ii) for the year of income 1990 _____8.50 
  • (iii) for the year of income 1991 _____8.00 
  • (iv) for the year of income 1992 _____7.50 
  • (v) for the year of income 1993 up to and including the year of income 1997 _____7.00
  • (vi) for the year of income 1998 up to and including the year of income 1999 _____6.50 
  • (vii) for the year of income 2000 and each subsequent year of income _____6.00
  • (viii) For the year of income 2020 and each subsequent year of income__5.00 (TaxLAA-No1-2020 wef-25April2020) 
  • (ix) For the year of income 2021 and each subsequent year of income._____KSh. 6.00
Provided that for a resident company with an accounting period ending between 1st July, 1994 and the 30th June, 1995 the corporation rate of tax shall be increased by one-half shilling in each twenty shillings.
  • in respect of a company engaged in business under a special operating framework arrangement with the Government, the rate of tax specified in the Agreement shall continue to apply for the unexpired period as provided under the Agreement. (TaxLAA-No1-2020 wef-25April2020) 
(b) in the case of a non-resident company having a permanent establishment in Kenya Rate in each Twenty shillings 
  • (i) for the year of income 1974 and each subsequent year of income up to and including the year of income 1989  _____10.50 
  • (ii) for the year of income 1990  _____10.00 
  • (iii) for the year of income 1991 _____ 9.50
  • (iv) for the year of income 1992  _____9.00 
  • (v) for the year of income 1993 upto and including the year of income 1997 _____ 8.50
  • (vi) for the year of income 1998 upto and including 1999 _____ 8.00 
  • (vii) for the year of income 2000 and each subsequent year of income  _____7.50 
  • (viii) for the year of income 2024 and each subsequent year of income _____ 6.00  (Finance Act 2023 wef 1st-January-2024 s26)
Provided that for a non-resident company having a permanent establishment in Kenya with an accounting period ending between 1st July, 1994 and 30th June, 1995 the corporation rate of tax shall be increased by one-half shilling in each twenty shillings.

(c) in the case of a company newly listed on any securities exchange approved under the Capital Markets Act with at least twenty percent of its issued share capital listed, twenty seven percent for the period of three years commencing immediately after the year of income following the date of such listing(TaxLAA-No1-2020 wef-25April2020)  

(d) in the case of a company newly listed on any securities exchange approved under the Capital Markets Act with at least thirty percent of its issued share capital listed, twenty five percent for the period of five years commencing immediately after the year of income following the date of such listing.(TaxLAA-No1-2020 wef-25April2020)  

(e) in the case of a company newly listed on any securities exchange approved under the Capital Markets Act which has at least forty percent of its issued share capital listed, twenty percent for the period of five years commencing immediately after the year of income following the date of such listing.(TaxLAA-No1-2020 wef-25April2020)  

(f) an export processing zone enterprise which does not engage in any commercial activities shall be exempted from paying any corporation tax for a period of ten years commencing with the year in which production, sales or receipts relating to the activities for which that enterprise has been licensed as an export processing zone enterprise commence; but the corporation rate of tax will be twenty five per cent for the period of ten years commencing immediately thereafter.
  • Provided that for purposes of this subparagraph,
    • “commercial activities includes trading in, breaking bulk, grading, repacking or relabelling of goods and industrial raw materials”.
(g) 
(h) in the case of a special economic zone enterprise whether the enterprise sells its products to markets within or outside Kenya*, developer and operator, ten percent for the first ten years from date of first operation and thereafter fifteen percent for another ten years. Finance Act, 2015effective 1st Jan 2016 , Finance Act, 2017effective 1st Jan 2018* 

(i) in the case of a company that constructed at least four one* hundred residential units annually, fifteen per cent for that year of income, subject to approval by the Cabinet Secretary responsible for housing, 
(j*) in the case of company whose business is local assembling of motor vehicles, fifteen per cent for the first five years from the year of commencement of its operations.  Provided that 
(k) in the case of a company engaged in business under a special operating framework arrangement with the Government, the rate of tax shall be to the extent provided in the arrangement.Finance Act, 2018effective 1st Jan 2019     (TaxLAA-No1-2020 wef-25April2020)  

(l) in the case of a company operating a plastics recycling plant, fifteen percent for the first five years from the year of commencement of its operations. Finance Act, 2019Effective 7thNovember 2019   (TaxLAA-No1-2020 wef-25April2020)  

(m) in respect of a company engaged in business under a special operating framework arrangement with the Government, the rate of tax specified in the Agreement shall continue to apply for the unexpired period as provided under the Agreement. (TaxLAA-No1-2020 wef-25April2020) 


(n) in respect of a company operating a carbon market exchange or emission trading system that is certified by the Nairobi International Financial Centre Authority, fifteen per cent for the first ten years from the year of commencement of its operations; (Finance Act 2022-wef-01-July-2022)

(o) in respect of a company operating a shipping business in Kenya, fifteen per cent for the first ten years from the year of commencement of its operations; (Finance Act 2022-wef-01-July-2022)

(p) in respect of a company undertaking the manufacture of human vaccines, ten per cent.  (Finance Act 2023 wef 1st-January-2024 s26)

3. The non-resident tax rates shall be-

(a) in respect of management or professional fees or training fee, other than management or professional fees deductible under paragraph 5 (2) (g) of the Ninth Schedule,*  twenty per cent of the gross sum payable;  Finance Act, 2014effective 01 January2015*
  • Provided that the rate applicable to citizens of the East African Community partner states in respect of consultancy fees shall be fifteen per cent of the gross sum payable Finance Act 2004 1 July 04 Kenya Gazette 3 Jan 05 ---Finance Act, 2017 effective 1st Jan 2018
  • Provided that—
    • (a) the rate applicable to any payments made by Special Economic Zone Enterprise, Developer or Operator to a nonresident persons shall be 5% of the gross amount payable.
    • (b) the rate applicable to the citizen of the East African Community Partner States in respect of consultancy fee shall be fifteen per cent of the gross sum payable. Finance Act, 2017 effective 1st Jan 2018
(b) in respect of royalty or natural resource income*, twenty per cent of the gross amount payable;  Finance Act, 2014effective 01 January2015* 
  • Provided that the rate applicable to any royalty paid by any Special Economic Zone Enterprise, Developer or Operator to a non-resident person shall be 5% of the gross amount payable.**   Finance Act, 2017effective 1st Jan 2018** 
(c) 
  • (i) in respect of a rent, premium or similar consideration for the use or occupation of immovable property, thirty percent of the gross amount payable;
  • (ii) in respect of a rent premium or similar consideration for the use of property other than immovable property, fifteen percent of the gross amount payable.
(d) in respect of a dividend, ten* fifteen per cent of the amount payable;(TaxLAA-No1-2020 wef-25April2020*) 
  • Provided that the rate applicable to citizens of the East African Community Partner States in respect of dividend shall be five percent of the gross sum payable.
(e)
  • (i) in respect of interest arising from a Government bearer bond of at least two years duration and interest and deemed interest, other than interest which is deductible under paragraph 5(2)(h) of the Ninth Schedule*, discount or original issue discount, fifteen percent of the gross sum payable; Finance Act 2012 09 June 2011   Finance Act, 2014effective 01 January2015*
  • (ia) in respect of interest and deemed interest arising from a bearer bond issued outside Kenya of at least two years duration and interest, discount or original issue discount, seven and a half per cent of the gross sum payable; (Finance Act 2022-wef-01-July-2022) 
  • (ii) in respect of interest, arising from a bearer instrument other than a Government bearer bond of at least two years duration, twenty-five per cent of the gross amount payable;
  • (iii) in respect of interest paid by any Special Economic Zone Enterprise, Developer or Operator to a nonresident persons, 5% of the gross amount payable.  Finance Act, 2017effective 1st Jan 2018 
(f) in respect of a pension or retirement annuity, five per cent of the gross amount payable;

(g) in respect of an appearance at, or performance in, a place (whether public or private) for the purpose of entertaining, instructing, taking part in a sporting event or otherwise diverting an audience, twenty per cent of the gross amount payable;

(h) in respect of an activity by way of supporting, assisting or arranging an appearance or performance mentioned in subparagraph (g), twenty per cent of the gross amount payable;

(i) Deleted by FA 2014

(i) in respect of winnings, twenty percent;  Tax Laws(Amendment) Act2018Effective 1st July 2018 

(j) in respect of any management or professional fees deductible under paragraph 5(2)(g) of the Ninth Schedule, twelve and a half per cent of the gross sum payable;      Finance Act, 2014effective 01 January2015

(k) in respect of any interest which is deductible under paragraph 5(2)(h) of the Ninth Schedule, ten per cent of the gross sum payable.  Finance Act, 2014 effective 01 January 2015

(l) in respect of gains or profits from the business of a shipowner which is chargeable to tax under section 9(1) of the Act, two and a half percent of the gross amount received.

(m) in respect of winnings from betting and gaming, twenty percent; 
in the case of winnings of bookmakers, the withholding tax rate shall be seven and a half percent of the gross profit. Finance Act, 2015effective 1st Jan 2016  Finance Act, 2016Effective 1st January2017 

(n) in respect of the amount or value of the consideration from sale of property or shares, in respect of oil companies, mining companies or mineral prospecting companies, twenty percent of the gross amount payable. Finance Act 2012 Effective 09 January 2013 Finance Act, 2015effective 1st Jan 2016 
(n) in the case of a special economic zones enterprise, developer and operator in respect of payments other than dividends made to non- residents at the rate of ten percent. Finance Act, 2015effective 1st Jan 2016 

(o) gains on transfer of securities listed on any securities exchange approved under the Capital Markets Authority, 0.3 percent of gross amount payable.     Finance Act, 2015effective 1st Jan 2016

(o) demurrage charges, paid to ship operators, twenty per cent of the gross amount payable;  Finance Act, 2018effective date 1st July2018. Finance Act, 2019Effective date 7thNovember 2019 

(p) an insurance or reinsurance* premium, five per cent of the gross amount payable; and Finance Act, 2018effective date 1st July2018. ,  (TaxLAA-No1-2020 wef-25April2020)*  


 (q*) in the case of sales promotion, marketing, advertising services, and transportation of goods (excluding air and shipping transport services) twenty percent of the gross amount;  Provided that with regard to transportation of goods, the rate shall not be applicable to East African Community citizens.   (TaxLAA-No1-2020 wef-25April2020*)  
(r) in the case of gains from financial derivatives, fifteen per cent of such gains. (Finance Act 2022-wef-01-January-2023) 
 
(s) in the case of repatriated income under section 7B, fifteen per cent; (Finance Act 2023 wef 1st-July-2023 s26)

(t) in the case of digital content monetisation, twenty percent of the gross amount;  (Finance Act 2023 wef 1st-July-2023 s26)

(u) in respect of a payment made by a public entity for supply of goods to the public entity, five per cent; (TLAA 2024 wef 27th December, 2024 S16)

(v) in respect of income deemed to have accrued in or been derived from a digital marketplace, twenty per cent;  (TLAA 2024 wef 27th December, 2024 S16)

(w) in respect of the sale of scrap, one and a half percent of the gross amount.  (TLAA 2024 wef 27th December, 2024 S16)

4. (Deleted by 8 of 1978, s.9.)

5. The resident withholding tax rates shall be –
(a) in respect of a dividend, ten per cent of the amount payable;

(b) in respect of interest, discount or original issue discount arising from –
  • (i) bearer instrument other than a Government bearer bond of at least two years duration, twenty-five percent;
  • (ii) government bearer bond of at least two years duration and other sources, fifteen percent; 
  • (iii) bearer bonds with a maturity of ten years and above, ten percent of the gross amount payable of the gross amount payable; 
(c) in respect of a commission or fee, paid or credited by an insurance company to any person for the provision, whether directly or indirectly, of an insurance cover to any or group of persons, five per cent of the gross amount payable to brokers, and ten per cent of the gross amount payable to all others;

 Finance Act 2009 Effective 1 January 2010
(d)
(i) in respect of a payment of a pension or any withdrawal made after the expiry of fifteen years from the date of joining the fund, or on the attainments of the age of fifty years, or upon earlier retirement on the grounds of ill health or infirmity of body and mind, from a registered pension fund, registered provident fund, the National Social Security Fund or a registered individual retirement fund, in excess of the tax free amounts specified under section 8(4) and 8(5) in any one year.
10% on the first Shs.400,000,,,15% on the next Shs.400,000,,,20% on the next Shs.400,000,,,25% on the next Shs.400,000,,,30% on any amount over Shs.1,600,000 of the amount in excess of the tax free amount;(Deleted by TaxLAA-No1-2020 wef-25April2020)  
On the first Shs. 400,000 - 10%,,, On the next Shs. 400,000 - 15%,,,On the next Shs. 400,000 - 20%,,,On any amount above Shs. 1,200,000 of the amount in excess of the tax free amount - 25% (Deleted by TaxLAA-No1-2020 wef-25April2020)  
On the first KSh. 400,000 10%
On the next KSh. 400,000 15%
On the next KSh. 400,000 20%
On the next KSh. 400,000 25%
On all income above KSh. 1,600,000 of the amounts in excess of the tax-free amount. 30% (TaxLAA-No2-2020 wef-01Jan2021)   Provided that the tax so deducted shall be final  Deleted by (TLAA 2024 wef 27th December, 2024 S16)

(ii) In respect of a withdrawal before the expiry of fifteen* twenty years from the date of joining the fund, made from a registered pension fund, registered provident fund, the National Social security Fund or a registered individual retirement fund in excess of the tax free amounts specified under section 8(4) and 8(5) in any one year:-Deleted by (TLAA 2024 wef 27th December, 2024 S16*)
10% on the first Sh. 121,968 147,580,,,15% on the next Sh 114,912 139,043,,,20% on the next Sh 114,912 139,043,,,25% on the next Sh 114,912 139,043,,,30% on any amount over Sh. 466,704 564,709 of the amount in excess of the tax free amount   Finance Act, 2017 Effective 1st January 2018  Deleted by TLAA2020, wef25April2020
On the first Shs.288,000 - 10%,,,On the next Shs.200,000 - 15%,,,On the next Shs. 200,000 - 20%,,,On all income above Shs.688,000  - 25%    (TaxLAA-No1-2020 wef-25April2020) Deleted by  (TaxLAA-No2-2020 wef-01Jan2021)  
On the first Shs. 288,000 -  10% 
On the next Shs.100,000 -  25%
On all income above Shs. 388,000. -30% (TaxLAA-No2-2020 wef-01Jan2021)  

 (iii) in respect of surplus funds withdrawn by or refunded to an employer in respect of registered pension or registered provident funds, thirty percent  twenty five** thirty percent*** of the gross sum payable. Finance Act 2001 14.6.2001 Finance Act 2003 12 June 2003   (TaxLAA-No1-2020 wef-25April2020) **  (TaxLAA-No2-2020 wef-01Jan2021)***  

(e) in respect of a qualifying dividend, five per cent of the amount payable,  Finance Act 2008 Effective 13 June 08 

(f)
  • (i) in respect of management or professional fee or training fee, other than contractual fee, the aggregate value of which is twenty-four thousand shillings in a month or more, five per cent of the gross amount payable; 
  • (ii) in respect of contractual fee the aggregate value of which is twenty-four thousand shillings in a month or more, three percent of the gross amount payable.”
(g) in respect of a royalty or natural resource income*, five percent of the gross amount payable; Finance Act, 2014effective 01 January2015* 

(h) in respect of qualifying interest;
  • (i) ten per cent of the gross amount payable in the case of housing bonds; and
  • (ii) twenty per cent of the gross amount payable in the case of bearer instruments; and
  • (iii) fifteen per cent of the gross amount payable in any other case.
(i) in respect of winnings, twenty percent-  Provided that the tax paid under this subparagraph is final. Tax Laws(Amendment) Act2018Effective 1st July 2018 

in respect of winnings from betting and gaming, twenty percent: Provided that the tax so deducted shall be final. Provided that
(i) the tax so deducted shall be final; and 
(ii) in the case of bookmakers, the withholding tax shall be seven and a half percent of the gross revenue. in the case of bookmakers, the withholding tax shall be seven and a half percent of the gross profit.

(ja)* in respect of a rent, premium or similar consideration for the use or occupation of immovable property, twelve percent* ten per cent** seven point five*** of the gross amount payable. Finance Act, 2015 effective 1st Jan 2016 *   Finance Act, 2016 Effective 1st January 2017**  (Finance Act 2023 wef 1st-January-2024  s26***)

(jb)* in respect to the disbursement of deemed income to beneficiaries under section 11 (3) (c) the rate of twenty five percent. (Finance Act 2021- wef-01July2021*)

(k) in respect of the amount or value of the consideration from sale of property or shares in respect of oil companies, mining companies or mineral prospecting companies, ten percent of the gross amount payable.    Finance Act 2012 Effective 09 January 2013  Deleted By Finance Act, 2015effective 1st Jan 2016
Provided that the tax so deducted shall be final, except in the case of oil companies, in respect of assignment of rights.    Finance Act, 2013 effective 1st Jan 2014 (sec 23) Deleted By Finance Act, 2015 effective 1st Jan 2016 
(l) in respect of payments for sales promotion, marketing, advertising services, five per cent of the gross amount; and  (Finance Act 2023 wef 1st-July-2023 s26) 

(m) in respect of payments relating to digital content monetisation, five per cent. (Finance Act 2023 wef 1st-July-2023 s26) 

(n) in respect of a payment made by a public entity for supply of goods to the public entity, zero point five per cent; (TLAA 2024 wef 27th December, 2024 S16)

(o) in respect of income deemed to have accrued in or been derived from a digital marketplace, five per cent; (TLAA 2024 wef 27th December, 2024 S16)

(p) in respect of sale of scrap, one point five percent of the gross amount. (TLAA 2024 wef 27th December, 2024 S16)

6. Deleted by Finance Act, 2014effective 01 January2015
(1) The rate of deduction for a transaction chargeable to withholding tax under subsection (3A) of section 35 shall be two and a half per cent of the gross amount or aggregate consideration of the transaction.
(2) The gains or profits arising from the transfer of property under the Eighth Schedule shall be taxed at a rate of ten per cent. Finance Act 2006 Effective 1 January 07 

7. The rate of presumptive income tax in respect of agricultural produce under subsection (1) of section 17A shall be two percent of the gross amount of payment or the gross value of export.

8. The rate of advance tax under section 12A shall be –
  • (a)  for vans, pick-ups, trucks and lorries; one thousand five hundred shillings per ton of load capacity per year or two thousand four hundred shillings per year, whichever is the higher; Provided that advance tax shall not be imposed on tractors or trailers used for agricultural purposes.    Deleted by (Finance Act 2023 wef 1st-January-2024 s26)
  • (a) for vans, pick-ups, trucks, prime movers, trailers and lorries, two thousand five hundred shillings per tonne of load capacity per year or five thousand shillings per year, whichever is higher: Provided that advance tax shall not be imposed on the tractors or trailers used for agricultural purposes.  (Finance Act 2023 wef 1st-January-2024 s26) 
  • (b) for saloons,station-wagons, mini-buses, buses and coaches; sixty shillings per passenger capacity per month or  two thousand four hundred shillings, whichever is the higher.Deleted by (Finance Act 2023 wef 1st-January-2024 s26)
  • (b) for saloons, station-wagons, minibuses, buses and coaches, one hundred shillings per passenger capacity per month or five thousand shillings per year, whichever is higher. (Finance Act 2023 wef 1st-January-2024 s26) 
  • (c) DELETED, FINANCE ACT 2010
9. The rate of tax in respect of turnover tax shall be three percent of the gross receipts of the business of a taxable person under section 12C. The rate of presumptive tax shall be an amount equal to fifteen percent of the amount payable for a business permit or trade licence issued by a County Government:   Provided that, the tax charged shall be final.**.The rate of turnover tax shall be three per cent  one percent****  three percent***** one point five percent****** of the gross receipts of the business of a taxable person under section 12C.***  Finance Act 2018,effective date 1stJanuary 2019.**  Finance Act 2019effective date 7thNovember 2019 *** (TaxLAA-No1-2020 wef-25April2020)****  Finance Act 2023 wef 1st-July-2023 s26*****)    AH Act 2024 CONSEQUENTIAL AMENDMENTS******
10. The rate of tax in respect of residential rental income shall be ten seven point five* percent of the gross rental receipts of a taxable resident person under section 6A.   Finance Act, 2015effective 1st Jan 2016    (Finance Act 2023 wef 1st-January-2024  s26*)

11. The rate of tax in respect of minimum tax under section 12D shall be one per cent of the gross turnover. (Finance Act 2020- wef-01January2021) 

 12. The rate of tax in respect of digital service tax under section 12E shall be one point five per cent of the gross transaction value. (Finance Act 2020- wef-01January2021) Deleted by (TLAA 2024 wef 27th December, 2024 S16)

12. The rate of tax in respect of significant economic presence tax charged under section 12E shall be thirty per cent of the deemed taxable profit. (TLAA 2024 wef 27th December, 2024 S16)

13. The rate of tax in respect of digital asset tax shall be three per cent of the transfer or exchange value of the digital asset. (Finance Act 2023 wef 1st-September-2023 s26) 

14.* The rate of tax in respect of capital gains charged under section 3(2)(f) shall be fifteen per cent which shall be a final tax:  Provided that where the Nairobi International Financial Centre Authority certifies that— 
(a) a firm has invested at least three billion shillings in at least one entity incorporated or registered in Kenya within a period of two years; and 
(b) the transfer of the investment is to be made after five years of the date of the investment, the applicable rate shall be five per cent.  (TLAA 2024 wef 27th December, 2024 S16*)

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