National Housing Development Fund | Audit. Tax. Advisory

What is National Housing Development Fund

This is a new contribution/deduction on employee’s gross monthly salary and a matching contribution by the employers to be paid to the National Housing Development Fund.

How much will I contribute

The National Housing Development Fund will entail a 1.5% mandatory levy on every worker’s gross salary with a maximum deduction pegged at Ksh5,000, meaning those with monthly income of more than Ksh166,000 will contribute Ksh2,500, with the employer matching the same.

Leave a comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Audit. Tax. Advisory

Get In Touch
close slider
1 Step 1
Full Names
Phone Number
Messagemore details
0 /
FormCraft - WordPress form builder