After remaining silent for some time, the Kenya Revenue Authority (KRA) issued a new order to landlords who reside in various local and regional locations.
The Kenya Revenue Authority (KRA) has mandated that all landlords who get monthly rental income of Ksh280,000 to Ksh15 million pay a specific proportion of their rental income to the KRA. This directive was issued through a statement dated today, October, 2027.
The Kenya Revenue Authority (KRA) hinted that 7.5% of the total gross rent income is the fixed percentage that landlords are entitled to pay, providing an overview of the total percentage that landlords receiving the aforementioned monthly rental income must pay to KRA.
Tenants may be impacted by the Kenya Revenue Authority’s (KRA) directive to landlords, as the landlords may raise rent as a calculated move to meet the strategic directive requiring them to remit 7.5 percent of their gross rent income to the authority.
Regarding the direction from the Kenya Revenue Authority (KRA) to all landlords earning between Ksh280,000 and Ksh15 Million per month in rental revenue, what are your thoughts? Please use the comments area to share your ideas, feelings, and thoughts with us.