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Presidential Address: Tax Relief ,Pay Cuts In Measures To Fight COVID-19

BY Soko Directory Team · March 25, 2020 06:03 pm

“Kenya so far has a total of 27 confirmed cases of coronavirus after the country’s first patient registered full recovery and tested negative as three other people tested positive,” President Uhuru has said.

Addressing the nation, President Uhuru has announced a number of measures that will be implemented to help stop the spread of coronavirus and ease life for Kenyans.

President Uhuru has announced that the National Treasury will move to Parliament to implement the orders to help ease life for Kenyans in the fight against coronavirus.

a) A 100 percent tax relief for persons earning a Gross Monthly income of up to 24,000 shillings

b) Reduction of income tax PAYE from a maximum of 30 percent to 25 percent

c) Reduction of resident income tax to 25 percent

d) Reduction of the Turnover Tax rates from 3 percent to 1 percent for all Micro, Small and Medium Enterprises

e) Incorporation of additional 10 Billion to elderly, orphans and other vulnerable members of society

f) Temporary suspension of the listing on the Credit Reference Bureau (CRB) of persons, micro, small or medium or corporate entities, effective 1st April 2020

One billion shillings from the UHC kitty will be immediately appropriated to recruit more health workers in the support the management of COVID-19

President Uhuru has also revealed in his national address that members of the national executive will be taking salary cuts to enable financial boost against the COVID-19.

President Uhuru has revealed that he will be taking an 80 percent cut on his salary with his deputy president taking a similar cut.

President Uhuru has also said that the national executive ministers will be taking a 30 percent cut on their salaries while the Permanent Secretaries and Chief Administrative Secretaries will be taking a 20 percent cut

All state and public officers with pre-existing medical conditions, and or/ aged 50 years of age and above serving in Group S and below or their equivalents, and to take leave forthwith or work from home.
Excludes personnel in security and essential services as shall be outlined in a circular issued to the public service on the 16th of March 2020.

President Uhuru has also announced a daily Curfew that will be starting from 7 pm and ending at 5 am in the morning with effect in the territory of the Republic of Kenya, except for critical service providers.

Also Read COVID-19: Uhuru Announces Daily Curfews in Kenya Effective Friday 27th

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