Contributions to registered pension or provident funds
July 17, 2019
Article
An employee’s contribution to any registered fund is an allowable deduction in arriving at the employee’s taxable pay of the month. The employee’s deductible contribution is the lesser of:
(a) 30% of pensionable pay.
(b) Employee’s actual contribution.
(c) Ksh.20,000 per month
This limit applies to persons contributing both to a registered scheme and the NSSF
« Back to Tax Glossary Index