Sage VIP Classic and Sage VIP Premier

New Patch files for Release 6.2a are now available on the Sage Portal. Patch 3 Included in this patch file: Lesotho: Tax tables effective April 24 DRC: 30% Tax limit fix Read more: R62a_Patch_Additional_Notes_20240423.pdf Take note: …

The 2024/2025 Income Tax Amendments for Lesotho have been passed into law as per Regulation no. 25 of 2024. Lesotho Income Tax (AMA) Regulations No.25 of 2024.pdf The amendments are as follows: Increase in the tax credit from M10 824 (M902 per…

The new tax file for Ghana which is effective from 1 January 2024, is now available on the Sage Portal . Take note, that you must complete your Tax Year-end Copy System in December 2023, and start a new pay period for January 2024, before installing…

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…

On 26 December 2023, Zambia enacted the Income Tax Amendment Act of 2023 . The Amendment Act effects 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 Zimbabwe has delivered the 2023/2024 budget speech on 30 November 2023. The following changes have been proposed during the budget speech: Bonus exemption: The tax-free ZWL bonus threshold is increased from ZWL500 000…

The Rwanda Revenue Authority has confirmed the following changes to Table 2. The effective date is from 1 November 2023. Annual From To Rate 0.00 720 000.00 0% 720 000.01 1 200 000.00 10% 1 200 000.01 2 400…

The Zimbabwean Minister of Finance and Economic Development has reviewed local currency employment tax bands and tax rates with effect from 01 August 2023. See our original post: Zimbabwe: Tax changes effective August 2023 (local currency) Please…

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 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. Kenya: New Tax Tables effective 1 July 2023 - Suspended Kenya:…

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…

The Mauritius Revenue Authority (MRA) is introducing a tax reform of the income tax system as from 1 July 2023 . See MRA circular for more details: MRA Circular - PayrollTaxes - 19 June 2023.pdf According to the attached MRA circular, the PAYE…

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…

The Taxation (Amendment) Act No.17 of 2023 was enacted by the President of Malawi. and was published on 5 April 2023. Related document: Malawi: Act No. 17 of 2023 Taxation (Amendment) 2023/2024 tax year The following changes have been made to Table…

The Minister of Finance of Lesotho published the Income Tax (Amendment of Monetary Amounts) Regulation (Legal Notice No.23 of 2023) on 24 March 2023. INCOME TAX (AMA) REGULATIONS NO.32 OF 2023.pdf The regulation included the following changes: …

Release 6.0a for Sage VIP Classic and Sage VIP Premier is now available for download from the Sage Portal . What is included in this update? South Africa: Tax Tables for 2023/2024, updated rates for Medical Aid Tax Credits and the Prescribed Rate…

The new Tax File (Version 202205) for Zimbabwe is now available on the Software Downloads page and Sage Portal for Sage VIP Premier. Zimbabwe’s Finance (No. 8) Act of 2022, it contains the following changes that affect payroll processing: 4774.Act…

The new Tax File (Version 202205) for Rwanda effective 1 November 2022 is now available on the Software Downloads page and Sage Portal . The Rwanda Income Tax Law No. 027 of 2022 includes the following changes that will impact on your payroll (ARTICLE…

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 Finance (Miscellaneous Provisions) Act 2022 has been enacted and is effective from 1 July 2022. MRA Circular - PayrollTaxes - Aug 2023.pdf The following key changes that affect payroll taxes, was published by the Mauritius Revenue Authority Circular…

We are aware of an issue on the Eswatini / Swaziland tax tables in July 2022 on Release 5.8a, for the 2022-2023 tax year: Summary of issue: When a new tax year is started in an Eswatini/Swaziland company for the 2022-2023 tax year, the first bracket…

The new tax tables for Malawi effective 1 April 2022 is now available on the Sage Portal and Software Downloads page. Read more on the original post: Malawi: New Tax rates 2022 and download the Additional Information included with the tax file to review…

The new tax tables for Lesotho effective 1 April 2022 is now available on the Sage Portal and Software Downloads page. Read more on the original post: Lesotho: New Tax Rates Effective 1 April 2022 and download the Additional Information included with…

Updated post 2022/03/02 Release 5.8a is now scheduled to be available as from 14 March 2022 . Items included in the update: Updates to RSA Tax tables for 2022/2023 Changes related to PSP companies ETI changes (Table values & remuneration…

The Malawi Revenue Authority has released the new tax tables for the 2021/2022 tax year. Monthly tax table The effective date is 13 August 2021. Tax files have been made available for the latest Malawi tax changes which should be implemented during…