FALSE: Kenya Revenue Authority has not raised the monthly rental income tax to 30%
According to the KRA website, rental income is charged at a flat rate of 10 per cent of gross monthly rent.
Writer: PesaCheck
A tweet claiming that the Kenya Revenue Authority (KRA) has raised the monthly rental income tax to 30 per cent is FALSE.
The 21 October 2022 tweet reads: “LANDLORDS will now pay 30% rental income tax to this new government. Meaning if a tenant pays rent ksh20,000 per month, Ksh6,000 will go to KRA. Expect landlords to raise your rent hustlers Tighten your belts, freedom is here.”
The claim also appears on Facebook here and here.
The tweet and the Facebook posts come in the wake of KRA’s announcement that it would begin collecting data on rental properties in Nairobi County and its metropolis. The exercise, which started on 19 October 2022, is aimed at expanding the agency’s tax base.
However, there is no mention of any recent increase in the monthly rental income tax. Residential rental income, according to the KRA website, is charged at a flat rate of 10 per cent of the gross rent received per month, with the exception of landlords earning more than KSh15 million per annum. This was introduced by the Finance Act 2015 and was effected on 1 January 2016.
PesaCheck has looked into a tweet claiming that the Kenya Revenue Authority (KRA) has raised the monthly rental income tax to 30 per cent and found it to be FALSE.
This post is part of an ongoing series of PesaCheck fact-checks examining content marked as potential misinformation on Facebook and other social media platforms.
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