P.a.y.e calculations

majany

JF-Expert Member
Sep 30, 2008
1,223
579
Nawasalimu wakuu!!

Jamani yeyote mwenye ile act yenye tax brackets za ku'calculate P.A.Y.E naomba anisaidie.........
 
Hata mie sijui, ila najua ni kubwa kuliko ile inayosave kwa mfuko wa akiba, don know why
 
hii hapa inayotumika sasa
Resident Individual Income Tax Rates with effect from1/7/2012 as per Finance Bill of 2012

Monthly Income TaxRate
1. Where total income does not exceed shs170,000/= NIL
2. Where total income exceeds shs 170,000/= butdoes not exceed 360,000/= 14%of the amount in excess of shs 170,000/=
3. Where total income exceeds shs. 360,000/= butdoes not exceed 540,000/= 26,600/=plus 20% of the amount in excess of shs 360,000/=
4. Where total income exceeds 540,000/= but doesnot exceed 720,000/= Shs62,600/= plus 25% of the amount in excess of shs 540,000/=
5. Where total income exceeds shs 720,000/= Shs 107,600/= plus 30% of theamount in excess of shs 720,000/=
 

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