The Kenya Revenue Authority has issued a public notice on the market interest rate for fringe benefit tax purposes and the deemed interest rate for certain non-resident loans for the months of January, February, and March 2026, which has been maintained at 8%. The notice also provides the prescribed interest rate for the low interest (loan) benefit, which has been reduced from 9% to 8% for the period January to June 2026
Fringe benefit tax is payable by employers in respect of a loan provid…