Investment Deductions/ Allowances

Paragraph 24 of schedule 2.It is essentially for the production of buildings and installation of machinery therein. For it to be deducted, the taxpayer must own both building and machinery. The major emphasis of this deduction is to encourage industrialization in two major fronts.

(1)  Allow deductions at a higher rate if construction of industrial building and machinery is done out of Nairobi and Mombasa then in the year 1999 the deduction would be at 16% of the cost of building and machinery.

1990-75 %.The rates for Mombasa and Nairobi are higher than other towns.


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