KRA clarifies new tax exemption for gratuity payments
Summary by HapaKenya
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KRA clarifies new tax exemption for gratuity payments
The Kenya Revenue Authority (KRA) has issued a public notice to clarify an amendment to the Income Tax Act introduced by the Finance Act, 2025, concerning the taxation of gratuity payments. The key provisions are as follows: 1. Tax Exemption for Future Payments: All gratuity payments earned on or after July 1, 2025, are fully […] The post KRA clarifies new tax exemption for gratuity payments appeared first on HapaKenya.
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