ZAMBIA Congress of Trade Unions (ZCTU) president Chishimba Nkole says government should consider increasing the Pay As You Earn threshold in the 2023 National Budget because the country’s economy is now stabilising. In an interview, Nkole insisted that in order for people’s take-home pay to make sense, the tax-exempt threshold should be increased to K8,000. “We have maintained our stance that for our take-home pay to make sense, the tax-exempt threshold must be increased. Last time we spoke to the government, we justified why we were calling for that K8,000 tax-exempt threshold. So we maintain the same position, and we see that there is more stability economically in our country and it is very possible for us to be relieved…...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe