On Thursday 30 November 2023, the National Budget of Zimbabwe was presented by the Minister of Finance, Economic Development and Investment Promotion at the Parliament. The Minister proposed to review the local currency bonus tax free threshold fr...

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According to Legal Notice No. 140 of 2020, the maximum wage limit for Eswatini National Provident Fund (ENPF) contributions will increase from E3 500.00 to E3 700.00 effective 1 January 2024. Therefore, the maximum contribution for both the employee...

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The Social Insurance and Pension Law no.148 of 2019 mandates a 15% increase on the minimum and maximum salary limits on which the social security contributions are calculated. This increase is effective 1 January every year for a period of seven year...

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 The Act repealed the Graded Tax Act,1968 effective 15th of September 2023.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

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The President has signed Law No.175 of 2023 amending some provisions of the Income Tax Law No.91 of 2005, effective 1 November 2023. The following amendment affects payroll for the 2023 tax year with effect from 1 November 2023: Raised the tax ex...

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The Rwanda Revenue Authority (RRA) introduced a new law establishing taxes on income, no. 027/2022 of 20/10/2022, published in the official gazette no 28/10/2022. Article 56 of this law relates to the withholding tax on employment income and is effe...

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As per the Public Notice No. 51/2023, issued on 10 August 2023, the Zimbabwe Revenue Authority (ZIMRA) wishes to advise its valued taxpayers that the Minister of Finance and Economic Development has reviewed local currency employment tax bands and ta...

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Kenya's Court of Appeal has lifted the conservatory orders issued by the High Court on 10 July 2023 suspending the implementation of the Finance Act 2023. The Appeal Court was satisfied that the application to lift the conservatory order met the t...

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As per the Finance Act 2023, passed by the House of Representatives of Zanzibar on 21 June 2023, the Vocational Training Levy has been amended in section 27 of the Vocational Training Act, No. 8 of 2006, effective 01 July 2023. These amendments are ...

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The Finance Act 2023 was published on 30 June 2023 amending the Vocational Education and Training Act. The following SDL amendments are effective 01 July 2023: • The SDL levy has been decreased from 4% to 3.5% • The Minister responsible for fina...

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