(KDRTV) – President Uhuru Kenyatta has announced that they have agreed with his Deputy William Ruto to take an 80% salary pay cut and the money channelled to fighting the Coronavirus crisis.
Announcing during a national address on Wednesday, the President said that Cabinet Secretaries and their Administrative Secretaries will also take a 30% pay cut and Principal Secretaries will reduce their pay by 20%.
“My Govt has offered a voluntary salary reduction to senior Government officials, President and Deputy President 80%. Cabinet Secretaries 30% and Principal Secretaries 20%,” Uhuru said.
President Kenyatta: President, DP, 80pc paycut #CoronaVirusUpdate ^BN pic.twitter.com/Y54dM0nrTA
— KBC Channel1 News (@KBCChannel1) March 25, 2020
Uhuru also announced that Kenyans earning a gross salary below Ksh24,000 have been exempted from paying taxes while the Pay as You Earn Tax has been reduced from 30% to 2o%.
President Uhuru Kenyatta: I direct the following reliefs:
100% tax relief for those earning a gross of up to 24,000
Reduction of PAYE from 30% to 20%A reduction of resident income tax/Corporation tax from 30 to 25%
Reduction of Turnover tax for SMEs to 1% from 3% pic.twitter.com/w3J2DhiB4h— Citizen TV Kenya (@citizentvkenya) March 25, 2020
The government has also reduced VAT from 16% to 14%.
More to follow…
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