![]() ![]() ![]() An employee must bring a tax certificate from the previous employer to ensure the correct tax is calculated change of employment - this will ensure that the correct tax is deducted on income from different employment.Application is made by an employee to increase or decrease tax in a particular tax year as a result of Variation from tax rates specified in the Act may be done in respect of employment income. Any employee who have not received a certificate within the specified time must apply to the employer for such certificate to be furnished to him/her and if it is not furnished within a further 15 days notification has to be sent to the Commissioner General for further action.Īpplication for variation on employment income Issuance of Tax Certificate to an EmployeeĪll employees whose tax was deducted must be issued with a tax certificate within 31 days after the end of the tax year. For payment procedures, see PaymentsĮvery employer is required to submit an annual return within 31 days after the end of the tax year showing Ī) details of the employer and totals of tax deducted and paid to the Commissioner General in form ITW10(PAYE) - Annual Withholding tax return for PAYEī) List of employees and all details pertaining to PAYE (ITW 10A), andĬ) Copy of tax certificate (ITW8) indicating tax deducted in respect of each employee.Ĥ. It must be accompanied by remittance slip(rem 2) which is available at BURS and a cheque. The precribed form used for tax deducted from employee’s remuneration is Monthly remittance return for PAYE (ITW 7A). The rate of tax applied depends on the amount of the employee’s income, as outlined in Tax Tables and Guidance notes. Notice will be sent to inform them of their new TIN for PAYE.Īn employer with employees earning employment income above the taxable threshold (P2500 per month) must deduct tax and remit it to BURS. The person must indicate the tax type for which he/she is registering. ![]() An employer who has employee(s) must register for PAYE. ![]() The registration process for PAYE is an extension of the registration for income tax. Valuation of such benefits is as prescribed in Part IIITax Tables and Guidance notes.Interest free and concessionary interest loans.Non-cash benefits include the following employer incurred expenses on behalf of the employee: Commutation of amounts under a contract of employment andĤ. Commission, pension, lump sum payments ģ. This form of withholding is what is commonly referred to as the PAYE system of withholding. Payments of Customs Duty and Import VATĪn employer is obliged to deduct tax from remuneration paid to his employees in accordance with and in the manner specified in the Fifth Schedule of the Income Tax Act and shall carry out such other obligations as are imposed by that schedule (section 56). ![]()
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