Withholding tax on dividends earned from a company registered in Kenya, paid to a tax resident person, is 5%. This is a first and final tax and need not be declared in the individual’s annual tax return.
Capital gains (increase in value) from shares listed on the Nairobi Securities Exchange (the NSE) are not taxable on a Kenyan tax resident. A Kenyan tax resident is not required to declare this income on their annual tax return.
Bank interest earned by an individual is subject to withholding tax at a rate of 15%, as a first and final tax. This income does not need to be declared in the individual’s annual tax return.