27.4 C
Sierra Leone
Saturday, January 28, 2023

PAYE Tax Reduced to 30%

HomeAYV NewsPAYE Tax Reduced to 30%

PAYE Tax Reduced to 30%

Date:

Related stories

ReNIP to Hold Lower-Level Elections This Weekend

The Republic National Independent Party (ReNIP), will tomorrow 28th...

Multi-Purpose Biometric Identity Cards Set to be Launched

His Excellency President Dr Julius Maada Bio will officially...

Health Ministry Engages AYV Staff on the Need for COVID Vaccination

The Health Education Division at the Ministry of Health...

Parliament Votes Against Annulment of Public Elections Rules

Following a motion brought by the Leader of the...

 

It could be recalled that President Bio in his speech to Parliament said, “Repayment and servicing of the huge debt burden means that there is hardly any resource left to finance priority investments in human capital development and basic services.”

He went on to say: “The New Direction recognizes that human development is both a means and an end to development. Human capital development covers improving education and developing skills, improving health care, protecting the poor and vulnerable population groups.” 

He went further to state that the 2019 Budget includes policies that will improve the lives of citizens. The government, he said, has reduced Pay as You Earn (PAYE) tax from 35% to 30%.

Business News

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

NPPA Releases First Quater 2023 Public Procurement Price Norm

The Board, Management and Staff of the National Public Procurement Authority (NPPA), with appropriation to the Government of Sierra Leone through the Ministry of...