Tag: Finance Bill 2025: Impact Analysis

Finance Bill 2025: Impact Analysis

BENEFICIARIES Employees (a) Per Diem Section 5 of the Income Tax Act has been amended to increase the daily tax-exempt allowance (per diem) for employees on official duty from KSh 2,000 to KSh 10,000. This change significantly enhances the non-taxable compensation employees can receive for work-related travel. (b) Tax Reliefs A new Section 1(a) has […]...