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The General State Budget (OGE) for 2024 was approved by National Assembly, in Luanda, on 13 December 2023 and enacted on 26 December 2023. According to the Ministry of Finance, the amendments to the 2024 Economic Year (OGE-2024) appears in Law No....

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The 2024 Budget Address was delivered to the National Assembly on Friday, 29th September 2023 and proposed changes include providing relief to workers by introducing a reduction in the current PAYE regime. Parliament in Zambia enacted these change...

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The Council of Ministers, under the chairmanship of the President of the Republic on 11 October 2023 examined and adopted 7 decrees to accelerate the process of implementing the Universal Health Insurance. The universal health coverage was enshrin...

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The Presidency of the Republic published 'Ordonnance No 2023-179 du 13 Septembere 2023', reforming the taxes on salary, wages, pensions and life annuities. The Director General of Taxes announced that this reform will take effect on 1 January 2024. ...

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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 employ...

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 The Act repealed the Graded Tax Act,1968 effective 15th of September 2023.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

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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 ef...

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