Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
KSh 24,040
Income Tax
- KSh 102
National Hospital Insurance Fund (NHIF)
- KSh 1,800
National Social Security Fund (NSSF)
- KSh 2,400
Total tax
- KSh 4,302
Net pay
* KSh 19,738
Marginal tax rate
1.7%
Average tax rate
17.9%
82.1%
Net pay
17.9%
Total tax
Total tax
Net pay
Summary
If you make KSh 24,040 a year living in Kenya, you will be taxed KSh 4,302. That means that your net pay will be KSh 19,738 per year, or KSh 1,645 per month. Your average tax rate is 17.9% and your marginal tax rate is 1.7%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of KSh 100 in your salary will be taxed KSh 1.66, hence, your net pay will only increase by KSh 98.34.
Bonus Example
A KSh 1,000 bonus will generate an extra KSh 983 of net incomes. A KSh 5,000 bonus will generate an extra KSh 4,917 of net incomes.
NOTE* Withholding is calculated based on the tables of Kenya, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.