Sage Payroll Professional

One of the changes discussed in the General State Budget 2024, presented to the National Assembly on 31 October 2023, includes; Increasing the threshold for employment income tax by exempting individual taxpayers who earn employment income of up to…

Holiday and Christmas bonuses are now fully taxable according to the amendment to the IRT Code. Click here to view the document of reference. A further amendment is that employment income earned by a taxpayer who is a national citizen over 60…