US EditionFKE Engages Treasury to Cap Housing Levy Period
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Kenyan Employers Lobby for Housing Levy Reform Amid Economic Concerns - Nairobi Wire
The Federation of Kenya Employers (FKE) is calling on the government to take a fresh look at statutory deductions, especially the Housing Levy, which is putting a significant strain on Kenyans’ finances. The FKE is suggesting that the government should consider setting a limit on how long this levy is applied, as it’s having a noticeable impact on employees’ take-home pay. At the FKE’s annual meeting in Kisumu, CEO Jacqueline Mugo pointed out th…
FKE Engages Treasury to Cap Housing Levy Period
KISUMU, Kenya, Apr 3 – The Federation of Kenya Employers (FKE) is in talks with the Treasury to explore capping the duration of the housing levy, citing concerns over its financial burden on workers. FKE Chief Executive Officer Jacqueline Mugo said many employees believe the levy should be optional rather than a mandatory tax. “These are some of the concerns we had raised with the government before the levy was implemented,” she said. Mugo noted…
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