Withholding Tax, PAYE payments by resident or non-residents removed

Withholding Tax, PAYE payments by resident or non-residents removed
 

The Inland Revenue Department has removed the Withholding Tax (WHT) on any payments made to any resident person and Pay As You Earn (PAYE) on any employment receipts to any resident or non-resident individuals with effect from January 1, 2020.This is in keeping with the instructions of the Ministry Finance on January 31, 2020 pending formal amendments to Inland Revenue Act No 24 of 2017, the department stated in a notice.