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 Minister of Finance and Public Enterprises of Namibia delivered the 2024/2025 budget speech on 28 February 2024. Click here to view the full statement. The proposed changes mentioned in the statement are effective from 1 March 2024. Take note…

Botswana has enacted/promulgated the Income Tax Amendment Act of 2024, effective 15 January 2024. The amendments increase the tax exemption from one third to 50% for certain lumpsums received by an employee, below is summary of the changes: Gratuity…

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…

Updated post (2024/01/19) The tax file for Ghana is is now available on the Sage Portal. For more details, follow the link below: Ghana: New Tax File available for download on Release 6.1b - changes effective 1 January 2024 (Sage VIP Premier only…

The Zimbabwe Revenue Authority(ZIMRA) has released the new tax tables effective 1 January 2024. The following is a summary of the proposed tax changes which will affect the payroll: New Annual Tax Table: This is effective from 1 January 2024.…

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 new tax file for Zimbabwe which is effective from 1 August 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 August…

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…

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…

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 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 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…

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 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…

The following payroll tax changes were released by the Mauritius Revenue Authority: 1. Income Exemption Threshold All categories of Income Exemption Threshold have increased as follows: 2. Exempt Person An exempt person means an employee whose…

The latest version for Sage Classic, Sage Premier and Sage 200c VIP is available to download on the Customer Zone as from 09 March 2020 . This is a compulsory update for all users in all tax countries. Included in the Release 5.4a software update…

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…

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…