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Eswatini Repeal of Graded Tax

Eswatini ENPF Rate Increase

The Eswatini Government signed into law The Graded Tax (Repeal) Act 2023.

The Act repealed the Graded Tax Act,1968 effective 15th of September 2023.

Click here to access the Graded Tax (Repeal) Act 2023.

Impact of the Eswatini Repeal of Graded Tax on PaySpace

• The graded tax amount of E18 will no longer automatically be calculated on an employee’s payslip in the first period of a new tax year (starting July 2024).
• From October 2023 the following payslip message will no longer display for new employees appointed after the first period of the tax year: Graded Tax has not been deducted for the employee. Use the ‘Graded Tax Adjustment’ to post the Graded Tax amount.
• Prior to October 2023, the payslip message will only be applicable to new employees appointed before 15 September 2023.
• All open runs have been recalculated.

Should you have any questions regarding the Eswatini Repeal of Graded Tax, please feel free to visit our Support page for more ways to get in touch, or email us at [email protected]

The PaySpace Team