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Kenyans earning higher incomes are set to pay more taxes if 2018 bill comes to force

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Kenyans earning higher incomes are set to pay more taxes if the draft income tax bill 2018 comes into force in its current form. This is after the national treasury has proposed the introduction of another tax band at the rate of 35 percent for those whose gross income is above 750,000 shillings per month. Those earning lower salaries are for the third year in a row set to enjoy higher personal relief. As Nicholas Nduati narrates, the national treasury has proposed to increase capital gains tax from the current five percent to 20 percent.

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