State staff get tax-free benefits on asset buys

PHOTO | SHUTTERSTOCK

State officers are set to earn tax-free benefits including tax allowances on asset purchases such as motor vehicles and homes.

This is under new proposals contained in the 2023 Finance Bill which seeks to exempt reimbursement to public officers in the course of performing their duties by deeming them as non-gains of profits.

PAYE Tax Calculator

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