Mystique Investments
Nearby finance companies
Mombasa Road
Room F4
P. O BOX 32510
Tom Mboya Street
Tom Mboya
Tom Mboya Street
Afya Business Plaza, Nairoba
Tom Mboya Street
Tom Mboya Street, Moi
Stanbank House Moi Avenue
Tom Mboya Street
Tom Mboya Street
Third Floor
Moi Avenue
Moi Avenue Block
Mystique investments is an Accounts, Audit and Tax consultancy firm. We are based in Nairobi Nairobi but our clientele spreads throughout the country.
Mystique investments is an Accounts, Audit and Tax consultancy firm which was registered in 2005 and is this year marking 8 years of professional service to a growing number of clients in Kenya.
TAX ALERT:
NEW 2018 KENYA PAYE RATES
The Government, through the Kenya Finance Act 2017/ 2018, revised the resident individual tax brackets and increased the monthly personal relief from KES. 1,280 to KES.1,408 with effect from 1stJanuary 2018. The tax bands and personal relief have been expanded by10%.
This is the second consecutive year that the bands have been expanded by this percentage.
The expansion of income tax bands, together with the exemption of bonuses, overtime and retirement benefits of low income earners (income below the revised lowest tax bracket of 10%, up to KES. 12,298 per month or KES. 147,580 per annum),will marginally reduce the PAYE burden. However, please note that this doesn’t translate to a 10% PAYE reduction.
Therefore, starting with the PAYE return for the January payroll that is due on 9th February 2018, employers, employees and the general public are advised to implement the following changes to their payroll processing:
Monthly Taxable Pay Annual Taxable Pay Tax Rate (KES.) (KES.) (%)
Up to 12,298 Up to 147,580 10
12,299 – 23,885 147,581 - 286,623 15
23,886 – 35,472 286,624 - 425,666 20
35,473 – 47,059 425,667 - 564,709 25
Above 47,059 Above 564,709 30
Monthly Relief: 1,408 Annual Reliefs: 16,896
21/08/2017
21/08/2017
21/08/2017
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For all your audit, accountancy and tax services please contact us on 0722-878-098
We sell accounting software Packages. Quickbooks, Tally and Sage Pastel. Please call us on 0722-878-098 for for info
02/04/2015
We sell accounting softwares. Quockbooks, Tally and Sage Pastel. Please call us on 0722-878-098 for for info.
Mystique Investments - Home Audit,Accounts and Tax Consultant
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Telephone
Address
Parklands
Nairobi
Opening Hours
| Monday | 07:00 - 18:00 |
| Tuesday | 07:00 - 18:00 |
| Wednesday | 07:00 - 18:00 |
| Thursday | 07:00 - 18:00 |
| Friday | 07:00 - 18:00 |
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