APRIL 2025 – LESOTHO
TAX CHANGES 2025/2026
It is important that employers note the following:
Changes to the tax tables
Following the 2025/2026 Budget Speech delivered on 19 February 2025, the Income Tax (Amendment of Monetary Amounts) Regulations, 2025 was published on 14 March 2025. The regulations serve as confirmation of the tax changes proposed during the Budget Speech.
In terms of Legal Notice No. 50 of 2025, the Income Tax (Amendment of Monetary Amounts) Regulations 2025, the lower tax bracket has been increased from M70,500.00 per annum to M74,040.00 per annum.
In addition, the non-refundable tax credit has been increased from M11,040.00 per annum to M11,640.00 per annum.
With effect from 1 April 2025, the applicable rates for PAYE are as follows:
To view the legal notice, follow the link.
