Employees to wait longer for tax relief on NHIF charges

Only policyholders of education, life and health insurance enjoy relief on their NHIF premiums. FILE PHOTO | NMG

Employees will wait longer to enjoy a 15 percent relief on their National Hospital Insurance Fund (NHIF) contributions.

The contributors will get the relief from next January as part of changes to various taxation laws that took effect on July 1 through the enactment of the Finance Act 2021.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.