Treasury Cabinet Secretary John Mbadi has announced that the government is considering key adjustments to Pay As You Earn (PAYE) and other tax measures to prevent overtaxation of Kenyan pay slips.
Speaking during a session before the Senate on Tuesday, Mbadi disclosed that the government was to make the adjustments in the current Finance Bill that is before the Parliament; however, that was not possible due to several limiting factors.
According to the CS, the government had considered adjustments to the PAYE, however, that was not possible since the Kenya Revenue Authority (KRA) failed to meet its revenue targets.
As a result, the government will make adjustments to the PAYE in the next Finance Bill, a move that will allow Kenyans to have more disposable income.
