NEW TAX RATES WITH EFFECT FROM 1 AUGUST 2023
It is important that employers note the following:

Local currency employment tax bands and tax rates reviewed to provide relief

PAYE remains payable in local currency for remuneration in local currency, and in foreign currency for remuneration in foreign currency or where there is a combination of foreign and local currency.

Credits and allowable deductions limits applied on calculation of PAYE remain the same as no changes were made.