PPC staff to be taxed

Current and retired employees of the Public Power Corporation are to be taxed on the cheap electricity they receive, the Finance Ministry decided on Wednesday.

The company?s employees are entitled to lower electricity bills but the ministry has decided that this subsidy will now be treated as part of their income and will therefore be taxed.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.