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Royal Office, 3rd Flr, Mogotio Rd, Nairobi

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Mon-Fri 8.00am- 5.00pm

 Are retirement benefits tax-exempt?

A  retiree has access to tax free lump sum retirement benefit up to a maximum of Kes. 600,000. Any amount above this will be taxed in a graduated scale as per below table. The tax percentage is based on whether the withdrawal is at the time of retirement or an early withdrawal. Upon exit before […]