A P9 form is a tax-deduction form issued by employers to their employees in Kenya.
It serves as a comprehensive summary of an employee’s financial information for a given tax year, including:
- Basic salary
- Benefits
- Total emoluments
- Tax deductions made by the employer on behalf of the employee
The P9 form is crucial for Kenyan taxpayers as it’s used to file individual tax returns. It provides a detailed breakdown of an employee’s earnings and deductions, which is essential for accurate tax reporting.
It’s important to note that the P9 form differs from a regular payslip. While a payslip typically shows monthly earnings and deductions, the P9 form summarizes the entire year’s financial information.
Employers in Kenya are legally obligated to provide their employees with a P9 form, which is necessary for fulfilling tax obligations and ensuring compliance with the Kenya Revenue Authority (KRA) regulations.
