Tough times as thousands of workers’ take-home pay will drop heavily with the new SHIF deductions, breaking the one-third salary rule.
Example deductions after PAYE, Housing Levy, SHIF, and NSSF include:
For example, a salary of Sh50,000 will result in a net pay of Sh39,273 after all deductions
A salary of Sh100,000 will lead to a net pay of Sh72,335 after all deductions.
A salary of Sh200,000 will lead to a net pay of Sh138,310 after all deductions.
A salary of Sh350,000 will lead to a net pay of Sh237,273 after all deductions.
A salary of Sh500,000 will lead to a net pay of Sh336,235 after all deductions.
A salary of Sh800,000 will lead to a net pay of Sh526,714 after all deductions.
A salary of Sh1 million will lead to a net pay of Sh648,178 after all deductions.
