Net Income Calculator Kenya

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Net income calculator kenya. Get net pay from gross pay. In order to work out taxable pay the calculator requires non cash benefits and any allowable deductions other than nssf and pension fund contribution. The income tax is 20 so your net income is 50 20 50 10 40. Calculate gross pay before taxes based on kra paye rates of april 2020 nssf pension and nhif deductions.
Calculator kenya computes paye income tax vehicle import duty mpesa charges kenya power tokens nairobi water mshwari fuliza tala kcb m pesa interest. Adjustments are made for holiday and vacation days. We compare insurance companies to find you the most suitable insurance policy at competitive price. In both examples we had the same gross and net amounts but the tax percentage turned out to be different this is all down to how in the first example the net price was the base for the tax calculation while in the second one the gross amount was.
Payroll software company based in nairobi kenya. This calculator is used by business hr managers as well as accountants responsible for preparing the payroll of a company within kenya. A free calculator to convert a salary between its hourly biweekly monthly and annual amounts. 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.
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 kenya. This calculator works out an employee s net pay by subtracting paye nssf nhif and pension fund contribution from the monthly gross pay. In addition you can click the view report to see your entries results in detail which can help identify areas for improvement. This calculator helps you do just that.
Free payroll tax calculator for kenya. Kenya paye calculator with income tax rates of april 2020 calculate kra paye deductions salary net pay personal relief nhif and nssf contributions. Calculate paye using the new kra paye rates nhif returns and nssf returns.