Income tax on rent, worked example, in Kenya

July 11, 2017

Non-resident couple's joint monthly rental income1
Monthly Rental Income2 1,500 6,000 12,000
Annual Rental Income 18,000 72,000 144,000
= Taxable Income 18,000 72,000 144,000
Income Tax4
Flat rate 10% 1,800 7,200 14,400
Annual Income Tax Due 1,800 7,200 14,400
Tax Due as % of Gross Income 10.00% 10.00% 10.00%
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DISCLAIMER: The information contained above is marketing material only and is not written tax advice directed at the particular facts and circumstances of any person and should not be relied upon. We encourage you to discuss your particular situation with us or an independent tax advisor. This information was last updated on March 08, 2016.

Notes


1 The residential property is jointly owned by husband and wife.

2 Exchange rate used: 1.00 US$ = 101.00 KES

3 Estimated values. Income-generating expenses are deductible when calculating taxable income.

4 Gross rental income earned by nonresident individuals is taxed at a flat rate of 10%.

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