Kra kenya paye tax calculator to calculate your monthly and annual net pay. We do our best to ensure the accuracy of this tool but we cannot be held responsible for any errors. This payroll software automates the payroll generation and analysis process making the calculations and reporting easy to. Student loan pay as you earn paye calculator student. Calculate paye using the new kra paye rates, nhif returns and nssf returns. Download and save the wingubox generated csv file on your computer. Howto do paye on itax pay as you earn paye, as a method of tax deduction from employees salaries or wages applies to all income from any office or employment. Find a calculator or worksheet based on keyword or tool name. Mar 18, 2017 introduction pay as you earn paye is operated under income tax act cap 470. Are you wondering how enrolling in the pay as you earn paye federal student loan repayment plan could impact your student loan payments. Employees and employers alike can use this calculator to under the statutory contributions liable under the income tax system of kenya.
The app enables you to add insurance and loan deductions in your calculations. Kra kenya paye calculator to calculate your monthly and annual net pay. Employees and employers alike can use this calculator to under the statutory contributions liable. Simply key in your gross earnings,other earnings, insurance premium and any other deductions or pension contribution if applicable. The netpay calculator uses the latests paye, nhif, nssf values to calculate the netpay and present it in a simple payslip as it could look in in a typical payroll. Ms excel based income tax calculator for assessment year 20082009. The employer deducts the tax from the employees pay and. Calculate your kra, nhif, nssf old and new rates and net pay. Kra new paye rates 2020 pdf new income tax rates in kenya 2020 kra paye. Download this app from microsoft store for windows 10 mobile, windows phone 8.
Real time calculation, data import and customized reporting. Kra paye tax calculator kenya for android apk download. The financial year of an individual taxpayer is from 1st january to 31st december. Paye calculator type your monthly regular profits to calculate your paye liability table 01 w. In kenya, the government manages the paye tax through the kenya revenue authority kra, which collects the statutory contributions from the employer, before salary and wages are paid to the employee.
It is a system that the tax man uses to collect an employees income tax and national insurance contributions. Wagemaster payroll and hr software system kenya digital. You can also do salary calculations for every year since 2000. Its an employers statutory duty to deduct paye from the pay of his employees throughout the financial year. The net pay calculator uses the latests paye, nhif, nssf values to calculate the net pay and present it in a simple payslip as it could look in in a typical payroll. Enter the gross salary below amount to calculate your net amount. According to the income tax act,2004 the resident individual income tax rates applicable in zanzibar differ from those which are applicable in tanzania mainland. Kenya paye calculator for 2020 calculate kra paye deductions, gross income, net pay, personal relief. Mini auction for reoffers scheduled to take place on 29th january 2020 at customs warehouse kilindini. Paye limits your monthly student loans to 10% of your discretionary income. Paye tax calculator is a simple mobile application designed primarily to aid the calculation of the paye tax payable to the ghana revenue authority gra by employers and employees in ghana. Paye in kenya implemented in 1944 and to date is used by approximately 20 million individuals annually. The kra paye submission needs you to get a payment slip.
Payroll made easy simplify the process of preparing employee salaries at the end of the month with quickpayroll. This is an independent calculator to help the public quickly understand and calculate pay as you earn paye income tax in kenya as set out by the kenya revenue authority kra. This calculator works out an employees net pay by subtracting paye, nssf, nhif and pension fund contribution from the monthly gross pay. The paye calculator app is a desktop software that may be installed on your pc to calibrate paye for different employees in a very simple process. The one thing everyone seems to be talking about though is the new paye tax bands. I have set up a paye tax calculator below that can be used to. Calculate your take home pay from hourly wage or salary.
Apr 26, 2020 this app helps the user generate a payslip based on the new paye, nssf and nhif rates within the kenyan payroll context. All you need to know about paye tax and paye calculators. It can work out paye for one up to twelve months, either for this year or for a year in the recent past. Paye tax calculator free for android free download and. But, you may need to fill in the gaps though hardly any. Auto computes tax for women and senior citizens, tax free. Compute your net income, paye income tax and ssnit deduction allowances are also taxed disclaimer. Paye tax does include income from casual employment which means any engagement with any one employer which is made for a period of less than one month.
It is a method of collecting tax from employment income of employees and directors. Payroll tax calculator in kenya kenyan new year 2020. The latest update contains the new paye rates as of. Compute your net income, paye income tax and ssnit deduction allowances are also taxed. The app then generates the payslip in pdf format which you can then shareemail and print.
The calculator can also calculate paye on holiday pay when it is paid. Calculate paye tax, nssf rates, net salary, and income tax rates in kenya 2019 and compare with the old rates from 2017 on this kra paye tax calculator. It applies to weekly wages, monthly salaries, annual salaries, bonuses, commissionse. Our strategic plan is aligned with the governments national plan to ensure sustainable and effective performance.
Custom earnings and deductions, import and export data in any layout. For the year 2020, the tax brackets and personal relief used. Failure andor late paye payments will incur penalty at the rate of 25 per cent of amount paid late as per section 372 of the income tax act and interest at 1% per month per as per section 381 of. Pay as you earn paye is the mandatory tax levied on all employees income. To use this paye calculator simply enter whether you are enrolled in kiwisaver, whether you have a student loan and your gross income then press calculate paye. Calculate your kra, nhif, nssf old and new rates and. Dr i have set up a paye tax calculator below that can be used to compute the paye tax when inputed with specific figures.
Employees are supposed to enter their net pay and check if they are members of nhif and nssf this application is free to download, install and use. Chemistry form 1 notes free download october 31, 2019. This app helps the user generate a payslip based on the new paye, nssf and nhif rates within the kenyan payroll context. Paye calculator is an android application that enables employees to calculate their tax as well as their net pay after all deductions. Paye deduction from any form employment can be calculated using the kra paye calculator. May 20, 2015 download and save the wingubox generated csv file on your computer. Paye tax calculator for android android blip download. Aren payroll aren register product comparison prices whats new.
It also presents other comon calculators like bmi calculator, loan calculator, food recipe app and sms gateway app. Titan complex, chaka road, nairobi 020 2018930, 0733 861553. Apart from our primary mandate, frcs continues to partner and support other government initiatives as needed. Nov 14, 2011 the one thing everyone seems to be talking about though is the new paye tax bands. You are reminded to use the appropriate paye calculator. This calculator is used by businesshr managers as well as accountants responsible for preparing the payroll of a company within kenya. Apptec payroll system is a flexible and feature rich payroll processing software targeting kenyan companies and organizations. Kenya revenue authority kra has implemented new pay as you earn paye rates in 2020. This should bring you to the employee details section. Employers and employees can work out the paye on salary and wages, including any holiday pay using this calculator. Use our paye calculator to see how paye may be able to lower your monthly payments as well as result in forgiveness of your student loans. Pretty much every single coin earned in this country within employment is liable to.
Kenya kra paye calculator 2020 income tax, nssf, nhif. Kenya risk sanctions as fifa instructs fkf to pay kshs. Payroll tax calculator in kenya kenyan new year 2020 paye. Single ladies in kenya and their phone numbers 2020 january 2, 2020.
Your salary before tax and ni yearly monthly weekly daily hourly. Nzs easiest to use paye calculator and paye guides for business and personal calculation. Payroll tax calculator paye, nssf, nhif, net pay for kenya. Paye tax calculator excel spreadsheet kenya free downloads, list 1 download paye tax calculator excel spreadsheet kenya software. Listentotaxman is the original uk income tax calculator. The employer calculates these taxes as part of a normal payroll process. Paye tax calculator excel spreadsheet kenya free download. Paye salary calculator with advanced options such as student loan, pension contributions, bonuses, childcare vouchers, dividends, and many more. Pay as you earn paye refers to a taxation principle whereby employed persons in kenya pay income tax and national insurance contributions among other payments as required by the income tax act cap 470.
The epayment registration form will have most of your details in it because you are already known to the kra system. It also presents other comon calculators like bmi calculator, loan. Free online kenya pay as you earn paye income tax calculator. Your free online pay as you earn paye income tax calculator. Kiwisaver, student loan, secondary tax, tax code, acc, paye. Try our paye calculator to calculate your earnings after tax. The calculator will compute the tax rate by utilizing the quotient of the paye and net pay paye rates in kenya. Paye tax calculator will calculate the amount of income tax, national insurance ni tax, student loan and pension you should be paying for your salary. Once you enter basic employee information, quickpayroll calculates paye, nssf, nhif and other transactions, generating pay slips, monthly and periodic reports, and maintaining a record for each month and year. Updated for 20202021, accurately calculating hmrc income tax, salary, paye, national insurance, student loan repayment, and pension contibutions. Payroll processing software for kenya nairobi, kenya.
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