The employee BIK of the use of a company car is specified in the Kenyan Income Tax Act, s 5(2B), (2C).
Where a leased or hire vehicle is provided to an employee, the lease or hire price is the assessable BIK.
If the employer owns the vehicle, the employee's monthly BIK is the higher of:
- Ìý
•ÌýÌýÌýÌý 2% of the purchase price (the
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