Income tax threshold to be raised

As part of government’s measures to improve workers’ income, the income tax threshold will be raised from $50,000 per month to $55,000 per month, Finance Minister Winston Jordan announced yesterday.

As a result, Jordan said during his 2016 budget presentation, over 68,000 workers will be removed from the income tax roll, and workers will have an additional disposable income annually.

Jordan noted that he had last year, during his inaugural budget presentation,