How to Calculate Winning Tax on Betting in Kenya

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The winning tax on betting in Kenya is 20% of the total amount won. This money is deducted by the betting company on behalf of KRA.

How to calculate the winning tax

Since the percentage is 20%,it means that the winner takes home 80%.Example,assuming he won Ksh 100,000 ,the 20% is equivalent to Ksh 20,000.This means that the winner takes home Ksh 80,000.

You will receive in your account the Ksh 80,000.

In Kenya there are a couple of betting sites you will join,bet with and avoid paying tax,one of them is 1XBET.In this site,if you win Ksh 100,000,that is the money you receive in your account.

When you register,1XBET gives you Ksh 20,000 to Ksh 26,000 welcome bonus on your first deposit.To register and bet with 1XBET,follow this link