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The Lesotho Minister of Finance and Development Planning delivered the 2024/2025 Budget Speech on 21 February 2024. Click here to view the details of the speech. The following change(s) have been proposed during the budget speech: Adjustments…

South Africa's Finance Minister Enoch Godongwana delivered the highly anticipated 2024 Budget Speech on 21 February 2023, detailing the government's strategies for managing the country's finances in the upcoming fiscal year. Some key points of the speech…

On 26 December 2023, Zambia enacted the Income Tax Amendment Act of 2023 . The Amendment Act affects the changes proposed in the 2023/24 budget speech. Read more on the Zambia 2023/2024 budget speech. These changes are effective from 1 st January…

The Minister of Finance of Namibia delivered the 2023/24 budget speech on 22 February 2023, and there are no proposed changes affecting payroll In the coming year. Click on the following links for more details: 2023/24 Budget Speech Budget hi…

We have summarised and made some tools available for the 2023/2024 tax year: Summary of the 2023/2024 Budget Speech Payroll Tax Pocket Guide for 2023/2024 Online Tax Calculator for 2023/2024 Excel Tax Calculators (current and previous tax years…

Tomorrow, all eyes will be on South Africa's finance minister, Encoh Godongwana, as he delivers the national budget speech. The focus is on what the budget will encompass. What are your thoughts? Leave a comment below Country Community Lead

As we are in the Tax Season: Please keep in mind that Mr. Enoch Godongwana, Minister of Finance, will be delivering the National Budget Speech on 22 February 2023 at 14:00.

The Mauritius National Budget was presented by the Minister of Finance and Economic Development on 7 June 2022. Click here to view the budget speech. Take note: These proposed changes are subject to approval. The amended Income Tax Act is not yet…

The Finance Minister delivered the Budget Speech on 17 March 2021. Tax policy and tax administration reforms affecting payroll: The long overdue official launch of the Namibian Revenue Agency (NamRA) is diarized for 7 April 2021. It is proposed…

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The following information has been published/updated: UIF contribution limit increase: The Minister of Finance has published a new Draft Notice where the effective date of the increase to the UIF contribution limit (R17 712 per month) has been postponed…

Following yesterday's 2021/2022 Budget Speech announcement, we have deciphered the Budget Speech transcript and other important announcements for you, so you don't have to. Click here to download a summary of all the changes that will affect your payroll…

The Budget Speech 2021 is scheduled for Wednesday, 24 February 2021 .

Please click here for the latest Budget Speech for 2020/2021. Below are the proposed changes which have not been promulgated yet. Income Exemption Threshold The tax rate remains unchanged. However, the Income Exemption Threshold (IET) for all…

Below is the proposed tax table for employment income based on the recent Budget Speech. Please click here for more information. The SDL is also proposed to be reduced from 4.5% to 4% . We expect the effective date to be 1 July 2020 . Update…