Lower tax band threshold for income tax has been increased by 10% which means taxable salary starts from Sh11,181, up from Sh10,164, while the ceiling for the upper tax band will rise Sh42,782 from the current Sh38,893 i.e 30% tax will now start from Sh42,782.
deductible tax relief by 10 per cent to Sh1,278.2 from the current Sh1,162.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle