I do not agree with this proposal which is designed to basically increase the salaries for the highly paid banking executives.
We need the brackets to be widened with no tax (or HL) for the first KES 50,000.
One should only get to the 30% bracket at around KES 300,000 and not at about KES 32,000 or so.
This is what is desperately needed.
Everyone thinks that taxes are really to raise revenue for the governments. That is not 100% correct. The other idea behind taxes is the following.
Redistribution of Wealth: Taxes enable governments to provide social welfare programs, support the needy, and reduce income inequality.
Income over KES 800,00 per month is taxed at 35%.
I believe that that another bracket should be introduced at KES 1,000,000 per month at 40% and then say over KES 2,000,000 per month at 50%.
I will brace myself for the expected onslaught from KoT on my proposal😀
@ShoahUkraine I have also noticed that there has been increased reference to this pact on Twitter in the past few days.
I will read all you comments later in the day.
I do not understand why sportsmen and women should not pay their fair share of taxes.
The ordinary factory worker pays 31.5% tax, and 2.75% SHIF and then NSSF.
All Kenyans works hard for their money.
At the moment those earning KES 6 million per year pay 32.5% tax.
At the moment those earning KES 9.6 million per year pay 35% tax.
I would recommend that that the brackets be increased to 40% for earnings between KES 9.6 m to KES 20 million and then gradually upwards to 50%.
There is no moral justification for a factory worker and someone earning KES 360,000 per annum and someone earning KES 5.8 million per annum pay the same rate of 30%.
@KRACare@WashiraX@KRACorporate Another question - I paid for my Single Business Permit and included it but I did not have the PIN number for Nairobi County.
I was surprised to find that the file got uploaded.
Will it give me a problem in the future?
@HomerPavlos I fully agree with this.
In 1998 FIDE (World Chess Federation) wanted to do the same for the chess Olympiad. Have it in Greece every two years.
I think the deal died because of lack of support from the Greek govt.
Africa's biggest chess tournament happening here in Kenya.
+8,500 players at the 2026 Kenya National Youth & Cadets Championship at Mangu High School along Thika Road.
These photos from two different angles are from the Mwai Kibaki Amphitheatre with about 2,000 players.
Well done Chess Kenya. Many thanks to all the parents, teachers, coaches, organisers, arbiters, Mangu High School, and of course the Kenya govt for their amazing support for chess. We are truly grateful.