The Malawi Revenue Authority has just informed us that the new PAYE tax tables were released in error. The attached notice has since been withdrawn.
Tax tables will be reverted to the previous tables as soon as possible.
The Malawi Revenue Authority has just informed us that the new PAYE tax tables were released in error. The attached notice has since been withdrawn.
Please do not apply the new tax tables yet as they have not yet been gazetted.
If you have installed…
Please note that the tax tables for Malawi have been reviewed. Please refer to the post on the CORRECTED Tax tables for Malawi.
The Malawi Revenue Authority has released the New tax tables for the 2021/2022 tax year.
Monthly tax table
The effective…
Please note that the tax tables for Malawi have been reviewed. Please refer to the post on the CORRECTED Tax tables for Malawi.
The Malawi Revenue Authority has released the New tax tables for the 2021/2022 tax year.
Monthly tax table
The effective…
Release 5.5b for Sage 200c VIP is now available for download from the Sage Portal
Release 5.5b is only mandatory for Ghana payrolls.
It is also strongly recommended that Lesotho users load the update by February.
All other tax countries may choose…
Release 5.5b for Sage Classic and Sage Premier is now available for download from the Sage Portal
Release 5.5b is only mandatory for Ghana payrolls. It is strongly recommended that Lesotho users load the update by February 2021.
All other tax countries…
The Malawi Revenue Authority has announced that the Taxation (Amendment) Act has been gazetted. Please click here to view the Public Notice.
The Eleventh Schedule to the Taxation Act has the following amended tax table for PAYE:
Monthly
The…
The Malawi Revenue Authority has announced that the Taxation (Amendment) Act has been gazetted. Please click here to view the Public Notice.
The Eleventh Schedule to the Taxation Act has the following amended tax table for PAYE:
Monthly
The…
Paragraph 5(e) of the Fringe Benefits Tax Regulations stipulates that where an employer provides a loan to an employee at an interest rate lower than the applicable commercial rate, the resulting interest difference (saving) be recognized as a fringe…
Paragraph 5(e) of the Fringe Benefits Tax Regulations stipulates that where an employer provides a loan to an employee at an interest rate lower than the applicable commercial rate, the resulting interest difference (saving) be recognized as a fringe…
A patch for Release 5.4c was deployed on the cloud on 14 July 2020 to address a few issues recently reported on Payroll Professional.
The following were included in the release:
Tanzania tax files (applicable from 1 July 2020)
Malawi tax files…
The Provisional Budget Statement for Malawi, which was approved on 30 June 2020, has been released. The tax-free bracket will increase from K45 000 to K100 000.
The new monthly tax table is as follows:
Please click here to view the Provisional Budget…
The Provisional Budget Statement for Malawi, which was approved on 30 June 2020, has been released. The tax-free bracket will increase from K45 000 to K100 000.
The new monthly tax table is as follows:
Please click here to view the Provisional Budget…
The Malawi Revenue Authority has released a Public Notice with the new tax tables as proposed in the National Budget Speech.
Click here to view the Public Notice from the MRA.
Click here to view a MRA PAYE Guide issued in December 2019.
To refer…
The latest version for Sage 200c VIP is available to download on the Customer Zone as from 21 November 2019 .
This is a compulsory update for RSA Employment Equity Users.
Take note: All related software (Premier ESS 9.5 and Premier HR 19.11.0.1) is…
The latest version for Sage VIP Classic and Premier is available to download on the Customer Zone as from 21 November 2019 .
This is a compulsory update for RSA Employment Equity Users.
Take note: All related software (Premier ESS 9.5 and Premier…
According to the Budget Speech, there was proposed changes to the tax free bracket.
Click here to view the original post on Sage City.
The effective date of these changes has no t yet been confirmed to date.
The latest Malawi tax file is available…
According to the Budget Speech, the tax-free bracket has increased from K35 000 to K45 000.
Click here for the Taxation Amendment Bill.
The new monthly tax table will be as follows:
First K45 000 - 0%
Next K5 000 - 15%
Next K2 950 000 - 30…
According to the Budget Speech, the tax-free bracket has increased from K35 000 to K45 000.
Click here for the Taxation Amendment Bill.
The new monthly tax table will be as follows:
First K45 000 - 0%
Next K5 000 - 15%
Next K2 950 000 - 30…
