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Kenya - Other

Taxation of Leases and Hire Purchase Transactions



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The tax treatment of lease transactions in Kenya is based on whether the lease qualifies as a lease or will be treated as a hire-purchase transaction.

If the transaction is treated as a lease, the lessor shall be eligible for depreciation on the asset. The entire lease rentals will be taxed as income of the lessor. The lessee, correspondingly, will not claim any depreciation and wil

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By
John Muiruri
Reviewed April 06, 2021

The difference between being an independent contractor or an employee can have an

 
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