http://www.nation.co.ke/news/Reprieve-for-low-earners-as-Uhuru-waives-tax-on-bonuses/1056-3193496-12p4fpd/index.html
[FONT=Georgia]The lowest salary in Kenya is 12,593 and it was non taxable.
The president announced an increment by 18% which will see the lowest salary riding to 14859.74.
This new pay is within the taxable bracket of 15%, which you will be deducted 2,228.96, Then you will go home with a netpay of 12,630.78 na Bado NHIF, Bado NSSF… This is brain mathematics…
Tricky indeed…
Let’s face it… From 12593 to 12630.78, Uhuru just added Ksh 37.78 to the lowest paid worker…
My personal opinion; instead of increasing salaries or keeping up with the demands from nurses, teachers, and so on, and so forth, the govt should just tame the cost of living that is rising exponentially every other year. Probably make healthcare affordable and control the quality of education so that not everyone can access higher education just because they can afford it - should be on merit.
If they deal with that, then they will not have to deal with the incessant and insatiable appetite for higher salaries. Once you have to appease doctors and teacher, you will be appeasing each and every other lot every few years, meaning that the wage bill will soon spiral out of control.
you have a point.i dont think playing around with figures and salary is aimed at improving the living standards of every kenyan but to play around with their psychology
I think wewe ni wale huchengwa na hesabu kama wengine niliona wakiargue twitter that the sportpesa jackpot winner can give 41 million Kenyans a million each and be left with 180 million.
Global economy is to blame, the shilling continues to lose value probably coz of reasons beyond the govt’s control. When the West sneezes economically, the global economy lazima ipate homa moreso the Third world countries