MPs to get E83 000 Tuesday
MEMBERS of Parliament (MPs) are set to smile all the way to their respective banks next week Tuesday.
The legislators are set to get their relocation and settling in allowances, to the tune of E83 000 for each MP, according to ministry of finance official Sizakele Dlamini. Dlamini said this yesterday during the workshop for MPs, which took place at the Parliament canteen.
Allawance The settling in allowance of the MPs, according to Dlamini, is taxable at the rate of 33 per cent. This means the MPs will have to surrender an amount of E27 390 to Eswatini Revenue Authority (SRA). Each MP will take home E55 610.
This is something that did not go down well with the MPs, as they did not understand the logic behind taxing this money. Mtfongwaneni MP Roy Fanourakis demanded to know why an allowance was taxed.
“This is not a salary. It is only an allowance that is meant to enable me to do a certain thing. Why do you tax an allowance?” Fanourakis asked. Dlamini, in response, said any form of income was taxable, according to the rules on which SRA worked. However, Dlamini referred all questions related to taxes to the SRA. The SRA is expected to have its own session with the MPs, where it will teach them about tax issues, as it did with senators on Wednesday.
BUT WHY: Mtfongwaneni MP Roy Fanourakis.