Print Page   |   Report Abuse
News & Press: Opinion

Greedy politicians

12 October 2012   (0 Comments)
Posted by: SAIT Technical
Share |

By Michael Stein (Friday Page)

If you think that our politicians are greedy, spare a thought for the people of Kenya.

TheCitizen(10 October 2012) reports that the lawmakers of Kenya have voted themselves a R970000 send-off bonus, to be funded by tax increases.

According to the report, Kenyan lawmakers are some of the best paid on the continent, with a tax-free monthly salary of about R113845.

The legislators have introduced an amendment that would also see them paid a total of R216,2million in bonuses. Each of the 222 members and the speaker will get R970568 as a send-off package as the end of their current term.

The irony is that these handsome increases came after Kenya’s Parliament dismissed the majority of pay increase demands made by striking public-sector workers, including doctors and teachers.

So perhaps the amount of R203million or more reportedly spent on improvements to our president’s private residence in Nkandla is not so bad!




WHY REGISTER WITH SAIT?

Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.

MINIMUM REQUIREMENTS TO REGISTER

The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

Membership Management Software Powered by YourMembership.com®  ::  Legal