Proposed K4,500 PAYE threshold still below poverty datum line – ZCTU

THE Zambia Congress of Trade Unions (ZCTU) has insisted that government should have increased the Pay As You Earn (PAYE) threshold to K8,000 in view of the high cost of living. In an interview, ZCTU president Chishimba Nkole said the union would have loved it if government had considered its earlier proposal of increasing the exemption threshold to K8,000. “ZCTU takes into account other factors of the budget presentation. We said generally that we accept the budget in its totality. Though we may have some reservations somewhere. But much as we may appreciate the rise from K4,000 to K4,500 of the tax-exempt threshold, we would have loved it to be where we proposed it to be, because ZCTU proposed K8,000....