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The Income Tax Act is the most important tax used in Kenya. It is up to the employer to make sure that the taxes are deducted at source, that employees pay taxes and that they have a personal identification number (PIN) with the KRA. There is a fine of $22 for every payment made to an employee who does not have a PIN.
To increase tax compliance percentages and encourage more people to file their taxes, the Kenya Revenue Authority has an elaborate online portal [3] that allows citizens to log in and either file tax returns, check their penalties [4] or apply for a certificate of tax compliance. This is in line with the Kenyan government's efforts to automate ...
The Salaries and Remuneration Commission is a Kenya government Commission established under the Salaries & Remuneration Commission Act, 2011. [1] Its independence is guaranteed in the Constitution of Kenya.
Every employer shall grant to an employee who has been in continuous employment with the same employer for: (a) a period of 1 to 6 years - annual leave on full pay at the rate of 1.25 working days per month for each year of employment; or (b) a period of 7 to 19 years - annual leave on full pay at the rate of 1.75 working days per month for ...
The National Social Security Fund was established in 1965 through the Act of Parliament Cap 258 of the Laws of Kenya. It initially operated as a Department of the Ministry of Labour until 1987 when the act was amended, transforming the fund into a state corporation under the management of a board of trustees. [ 2 ]
A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.
From January 2008 to December 2012, if you bought shares in companies when Ernesto Zedillo joined the board, and sold them when he left, you would have a -7.6 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
The Public Service Commission (PSC) of Kenya is an independent government commission established under Article 233(1) of the Constitution of Kenya to manage human resources in the Kenya Civil Service and the Local Authorities. [1]
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