RE: Net Pay Calculation - Kenya - New NSSF Tier Rates and New Housing Levy & Relief

13 views

Skip to first unread message

Kiptoo Kibowen

unread,

Jun 1, 2024, 4:39:27 PM6/1/24

to Nairobi GNU/Linux User Group

Jambo,

Please find attached updated payroll calculation examples with payslips that are compliant with new NSSF Tier rates (February 2024) and Housing Levy & Housing Levy Relief (March 2024).

Also attached for your reference, description of 2023 KRA Payee table.

Hope this helps someone out there trying to understand the Kenyan tax system.

Fun, rather than profit ;)

Knowledge is the root of understanding
Understanding is the root of wisdom
He who has been given wisdom has been given many blessings!

Cheers and Enjoy!

Ibrahim Kiptoo Kibowen
Tel: +254 726430830
Email: tkib...@gmail.com

Payslip Calculation - New Tier Rates (Feb 2024) - NSSF, NHIF, PAYEE, HOUSING LEVY (ODF) - Example 1.pdf

Payslip Calculation - New Tier Rates (Feb 2024) - NSSF, NHIF, PAYEE, HOUSING LEVY (ODF) - Example 3.pdf

Payslip Calculation - New Tier Rates (Feb 2024) - NSSF, NHIF, PAYEE, HOUSING LEVY (ODF) - Example 2.pdf