The Governor of the Central Bank of Kenya-Dr. Kamau Thugge-Photo|Courtesy
Banks and SACCOs push Treasury to ease PAYE, raise tax‑free threshold to KSh40,000
Commercial banks and savings and credit cooperatives (SACCOs) have urged the National Treasury to ease payroll taxes to shore up workers’ disposable income, citing rising deductions and persistent inflation that have eroded real wages. In separate submissions, the Kenya Bankers Association (KBA) and the Kenya Union of Savings and Credit Cooperatives (KUSCCO) called for reforms…
