The government had On Tuesday announced that the housing levy fund has come to effect, for both employees and employers.
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In a public notice published in the local dailies, the ministry of transport, infrastructure, housing, urban development and public works in conjunction with the Kenya Revenue Authority (KRA) said that both the employer and the employee shall each contribute 1.5 percent of the employee’s monthly basic salary.
“The employers are required to deduct and remit the levy together with other statutory levies from both the employer and the employee but the 9th of each succeeding month together with other payrol statutory deductions,” announced the government.
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