– PAYE exempt threshold increased from K600,000 to K700,000
– Tax credit for differently-abled persons increased from K600,000 to K900,000 per year
– Income tax rate on profits from the export of cotton increased from 15 to 35 per cent.
– Export levy on cotton seed increased from 15 to 20
per cent.
– Customs duty on cellular phone handsets increased from five per cent to 20 per cent.
Post published in: Agriculture