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

By Virginia Mwangi / March 25, 2020 | 6:43 pm



Uhuru

“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







More Articles From This Author







Trending Stories










Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE



ARCHIVES

2020
  • January 2020 (272)
  • February 2020 (309)
  • March 2020 (390)
  • April 2020 (39)
  • 2019
  • January 2019 (255)
  • February 2019 (216)
  • March 2019 (285)
  • April 2019 (254)
  • May 2019 (272)
  • June 2019 (251)
  • July 2019 (338)
  • August 2019 (293)
  • September 2019 (306)
  • October 2019 (313)
  • November 2019 (362)
  • December 2019 (320)
  • 2018
  • January 2018 (291)
  • February 2018 (219)
  • March 2018 (278)
  • April 2018 (225)
  • May 2018 (238)
  • June 2018 (178)
  • July 2018 (256)
  • August 2018 (249)
  • September 2018 (256)
  • October 2018 (287)
  • November 2018 (284)
  • December 2018 (185)
  • 2017
  • January 2017 (183)
  • February 2017 (194)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (205)
  • July 2017 (190)
  • August 2017 (195)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (165)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (245)
  • June 2016 (182)
  • July 2016 (271)
  • August 2016 (248)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (108)
  • May 2015 (116)
  • June 2015 (120)
  • July 2015 (148)
  • August 2015 (157)
  • September 2015 (188)
  • October 2015 (169)
  • November 2015 (173)
  • December 2015 (207)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950