Kenya | Fringe Benefit Tax and Low Interest Benefit 2025
The Commissioner for Domestic Taxes has issued a new Public Notice regarding Fringe Benefit Tax and Low Interest Benefits.
Fringe Benefit Tax
For the purposes of Section 12B of the Income Tax Act, the Market Interest Rate is 13%. This rate shall be applicable for the months of January, February and March 2025.
Low Interest Benefit
For purposes of section 5(2A) of the Income Tax Act, the prescribed rate of interest is 14%. This rate is applicable for the months of January, February, March, April, May and June 2025.
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