The Zimbabwean Minister of Finance and Economic Development has reviewed local currency employment tax bands and tax rates with effect from 01 August 2023.
Click here to view the notice.
This annual tax table is already pro-rated for 5 months. These…
The Zimbabwean Minister of Finance and Economic Development has reviewed local currency employment tax bands and tax rates with effect from 01 August 2023.
Click here to view the notice.
This annual tax table is already pro-rated for 5 months. These…
The new tax file for Kenya which is effective from 1 July 2023, is now available on the Sage Portal .
Take note, that you must review and complete the preparation steps before installing the tax files, as the tax changes are effective from 1 July 2023…
The Kenyan Court of Appeal has overturned judgments that had prevented the Finance Act from going into effect from July 2023, and the tax changes for Kenya is effective 1 July 2023.
Update| Update| Kenya: New Tax Tables effective 1 July 2023 - Suspended…
On 10 July, details were posted on the tax changes for Kenya effective 1 July 2023.
Click here to view the original post on Sage City.
The tax changes were suspended by the High Court of Kenya, however the Kenyan Court of Appeal has overturned judgments…
On 10 July, details were posted on the tax changes for Kenya effective 1 July 2023.
Click here to view the original post on Sage City.
The tax changes were suspended by the High Court of Kenya, however the Kenyan Court of Appeal has overturned judgments…
Updated Post 12 July 2023 @ 14:30pm
We have just received the following information from our Compliance Team with regard to the Kenya Tax table changes.
The tax changes introduced in the Finance Act No.4 of 2023 are suspended by the High Court of…
Release 6.0b was released on 8 May 2023 and include the new tax tables for Ghana applicable from May 2023. The new software is now available on the Sage Customer Portal .
For more information, click here .
Update post 02/05/2023
The Ghana Revenue…
The Zimbabwe Revenue Authority(ZIMRA) has released the new tax tables effective 1 August 2022.
PAYE Tax Tables
Click on the documents below to download the tax tables for the local(RTGS/ZWL) and foreign currency(USD) from ZIMRA.
Zimbabwe ZWL Aug…
The Tanzania Finance Bill 2022 has been approved by Parliament and it is subject to the President’s assent in order to become a law.
Take note: The changes listed below are the proposed changes and they may be subject to change, The amended Finance…
The Tanzania Finance Bill 2022 has been approved by Parliament and it is subject to the President’s assent in order to become a law.
Take note: The changes listed below are the proposed changes and they may be subject to change, The amended Finance…
The Tanzania Finance Bill 2022 has been approved by Parliament and it is subject to the President’s assent in order to become a law.
Take note: The changes listed below are the proposed changes and they may be subject to change, The amended Finance…
On 23 March 2022, the Chancellor made his Spring Statement speech, where he announced changes to personal tax, business taxes and other duties.
To help you understand the changes, we've summarised the key points.
Don't forget, if an article helps…
Good day everyone
The following statutory amendments have been made to the SA pay plan with regards to ETI for the 2022-2023 tax year:
Employment tax incentive increase
Definition of employee for ETI purposes
Definition of ETI remuneration …
The Zimbabwe Revenue Authority has released a Public Notice with a summary of tax changes that are applicable from 01 January 2022.
In addition to the change in tax tables, the following has changed:
Tax Tables
As per the previous communication…
The Zimbabwe Revenue Authority has released a Public Notice with a summary of tax changes that are applicable from 01 January 2022.
In addition to the change in tax tables, the following has changed:
Tax Tables
As per the previous communication…
The Finance Act 2021 has been enacted. Below are the key changes that affect payroll taxes:
1. IET
The Income Exemption Threshold remains the same.
2. Relief for Medical Insurance premium or contribution
Medical insurance premiums of up to Rs20…
As per Finance Act 2021, No 3, Section 25, the PAYE tax tables were updated.
These tax changes have been deployed to your system.
To find out more about the changes made and more, please click on the What's New button, from the Quick Links menu…
The new tax rates for Botswana have been published in the Income Tax Amendment Act, 2021 and are effective 1 July 2021.
Please click here to view the Income Tax Amendment Act and click here to view the Income Tax Amendment Act Commencement Order.
…
According to the Income Tax (Amendment) Act No 20 of 2020 , the following are the tax changes which affect the PAYE:
Disability tax credit – Section 15(a)
The new tax credit for differently abled persons is K6 000, K500 per month.
Tax table…
According to the Income Tax (Amendment) Act No 20 of 2020 , the following are the tax changes which affect the PAYE:
Disability tax credit – Section 15(a)
The new tax credit for differently abled persons is K6 000, K500 per month.
Tax table…
Click here to access Zimbabwe’s Finance (No. 2) Act of 2020, it contains tax changes which affect employment income. Summarised as follows:
Tax deductions - pension
The tax deduction for pension contributions and retirement annuity has increased…
Click here to access Zimbabwe’s Finance (No. 2) Act of 2020, it contains tax changes which affect employment income.
Summarised as follows:
Tax deductions - pension
The tax deduction for pension contributions and retirement annuity has increased…
Click here for the Tax Laws Amendment Act, No. 22 of 2020 which introduces some changes which affect the tax on employment income.
Monthly Tax tables for 2021 tax year
From (KShs)
To (KShs)
Rate
0,00
24 000,00…
Click here for the Tax Laws Amendment Act, No. 22 of 2020 which introduces some changes which affect the tax on employment income.
Monthly Tax tables for 2021 tax year
From (KShs)
To (KShs)
Rate
0,00
24 000,00…
