Sharp Daily
No Result
View All Result
Saturday, August 30, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

New bill in Kenya aims to regulate and tax gig workers

Teresiah Ngio by Teresiah Ngio
April 8, 2025
in News
Reading Time: 2 mins read

A proposed law in Kenya, the Business Laws (Amendment) Bill 2024, is stirring concerns among gig economy workers, including freelancers, digital creators, musicians, and taxi drivers. The Bill, which was recently tabled in Parliament, aims to expand the country’s tax net by officially classifying gig workers as employees, a move that could significantly alter how self-employed individuals are taxed and classified.

The Bill seeks to broaden the definition of an “employee” to include individuals earning wages in various capacities, whether remotely, on-site, or even for short-term engagements. “Employee means a person who is employed for wages or a salary and includes an apprentice, indentured learner, and a person who performs his duties remotely or on-site within a business process outsourcing arrangement or an information technology-enabled service,” the Bill states.

Under the proposed changes, gig workers—such as ride-hailing drivers, content creators, and freelancers—would be subject to statutory deductions like those imposed on salaried workers. This would extend the tax and benefit obligations traditionally applied to full-time employees to a broader group of workers, including short-term contractors.

The Treasury has defended the proposal, arguing that it would “create a conducive environment for doing business.” However, critics fear that the changes could impose additional financial and administrative burdens on both freelancers and the companies that hire them.

RELATEDPOSTS

Stricter regulations for surrogacy and donor limits

November 29, 2024

Senate bill proposes changes to IEBC’s live-streaming of results

November 26, 2024

The Bill also introduces a requirement for employers to provide gig workers with tools and equipment to perform their duties. “The employer shall ensure that an employee working remotely or on the employer’s site is provided with the necessary tools, equipment, and resources to effectively perform his duties,” it reads.

Additionally, the legislation redefines a “self-employed person” as anyone earning income outside a formal contract, bringing informal sector workers like musicians and boda boda riders under new tax obligations.

Treasury Cabinet Secretary John Mbadi has emphasized the need to tap into new income streams without increasing direct taxes, warning that higher tax rates could reduce consumer spending. “We cannot continue increasing rates on direct income, employment income, or other direct taxes,” he said.

Previous Post

Kenya extends oil supply agreement to stabilize prices

Next Post

Boost your financial growth this quarter with CMMF

Teresiah Ngio

Teresiah Ngio

Related Posts

News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025

LATEST STORIES

The Importance of Including Pension Plans in Corporate Benefits Packages

August 29, 2025

The informal labor market and classical unemployment in the Kenyan context

August 28, 2025

Kenya’s Eurobond yields ease after S&P rating upgrade

August 28, 2025

Kenya’s strategic debt pivot: Smoothing, Strengthening, Sustaining

August 27, 2025

Bank on your paycheck: Invest smart with CMMF

August 26, 2025

Finding Balance: My Journey with Internet Self-Care

August 22, 2025

Why Young Kenyans Cannot Afford to Ignore Private Pensions

August 22, 2025

Strategies for Nairobi to emerge as Africa’s financial hub

August 22, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024