Lesotho's income tax amendments for the 2024/2025 tax year took effect on 1 April 2024, with updated Personal Income Tax brackets and a revised tax credit. Payroll teams running Lesotho runs need to verify the April recalculation, decide...
The Minister of Finance presented Lesotho’s budget on 2 March 2022, with the changes gazetted on 8 April 2022. Under the Income Tax (Monetary Amounts) (Amendment) Regulations 2022, the tax credit and minimum taxable income were revised,...