Food delivery levy proposed to pay for workers comp for the gig economy
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Food delivery levy proposed to pay for workers comp for the gig economy
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Food delivery riders would be protected under a compensation scheme funded by a customer levy on food orders under a landmark proposal to go before the NSW government.
The government is formulating plans to protect gig economy workers who are injured or killed while on the job. The system is intended to be in place by this time next year and would be the first of its kind in Australia.
Insurers seek exclusion from 1pc premiums tax
Wednesday December 16 2020
By PATRICK ALUSHULA
Summary
Insurers want to be categorised similarly with upstream oil and gas, residential rental income, employment income, and persons paying turnover tax all who the Bill proposes to exempt from this tax.
PricewaterhouseCoopers (PwC) in a brief to the National Treasury said the minimum tax should not be applicable to the insurance sector since their gross premiums are already subject to an industry-specific levy.
Insurers are seeking exemption from one percent tax on gross written premiums, arguing that it is ambiguous and will stifle growth for a sector that already pays a myriad of other levies on its premiums.
What US sanctions can do to generals
December 16, 2020 Written by ROBERT SPIN MUKASA
US lawmakers have focused their recent anger against Uganda and the ruling NRM government’s use of force to slow the march of the coronavirus and in the process restrict freedom of association and expression during the electoral period.
They have written to US Secretary of State Mike R. Pompeo urging the US administration to conjure up a more muscular response to human rights abuses in Uganda and the country’s slide toward authoritarianism.
In an apparent response to that plea, Mike R. Pompeo in a recent tweet, said Uganda was a long-standing partner and Washington expected its partners to hold free and fair elections.
THE STANDARD
HOME & AWAY
The country’s financial regulators led by the Central Bank of Kenya (CBK) have warned on the liquidity risks facing fund managers and pension schemes with an exposure to real estate.
This could lead to such investment managers being unable to pay matured returns or member benefits owing to a property slump in recent years now worsened by the Covid-19 pandemic.
“The pension schemes and fund managers who have invested in buildings and land face liquidity risks, occasioning delays in settling member benefits,” said the Financial Stability Report (FSR) 2020.
Produced annually, the FSR assesses the weakness and strength of Kenya’s financial system and reviews the period from January 2019 to June 2020.