Win For Teachers And Civil Servants As KRA Introduces Relief To Their Salaries Starting This Month. - Geniusfuns

Win For Teachers And Civil Servants As KRA Introduces Relief To Their Salaries Starting This Month.

By

Teachers employed by Teachers service Commission and other Public officers have a reason to smile following a move by Kenya revenue authority to introduce insurance relief on their salaries.

The relief which will be effected ftom this month comes after the amendment of income tax act Within the finance act bill.

The relief will be extended to all workers Contributing to national hospital insurance fund (NHIF) scheme.

RELATED:  Top Judiciary Judge’s GK Car Used in Robbery With Sirens, Driver Pretended to be Carrying his Boss

Workers will claim up to 15 percent of the premium paid with a cap of Ksh 60000 per annum.

According to a statement by KRA, Contributions to NHIF will therefore be eligible to computation of insurance Relief as shown here.

Relief = 15% ( insurance premium + NHIF Contributions) but shall not exeed ksh 5000 per month.

The amendments are aimed at enticing kenyans to enroll in with NHIF so as to boost universal healthcare coverage by Introducing insurance relief Claus.

Previously, only a section of Kenyans especially the policy holders of health insurance and education enjoyed a relief on insurance premiums.

The relief on insurance premiums will be good news to Public Officers whose payslips have been subjected to numerous deductions making life difficult.

What are your views on this? Feel free to share your thoughts and comments on this on our comments platform.

Leave a Comment

Your email address will not be published.

You may also like