Employment Income

Tax law Simplified

Employment income is subject to tax according to Sec 3(2)a ii.

Employees are taxed on all Employment Benefits save for a few non-taxable employment benefits. The law allows some deductions to be made against employment income. Resident employees are taxed at the graduated scale rate of tax and are entitled to personal relief and insurance relief. Employers are required to operate pay as you earn system (PAYE), which requires them to deduct and remit taxes for all their employees. Tax on employment income extends to retirement benefits, severance pay, compensation for loss of employment and wages to irregularly paid employees