Compliance News
Niger | Draft Ordinance for the Approval of the Finance Law for 2025
Niger's Ministry of Finance announced that the Council of Ministers adopted the draft ordinance for the approval of the Finance Law for the 2025 Budget Year on 31 December 2024. The ordinance and finance law must still be finalised and approved ...
Zambia | NAPSA Contribution Ceiling Increase Effective January 2025
The National Pension Scheme Authority (NAPSA) conducts an annual review of the contribution ceiling and pension payments, aligning these with changes in the National Average Earnings (NAE), as required by Section 35 of the National Pension Scheme Act ...
Botswana | Extension of filing due dates for Annual Individual Income Tax (IIT) Returns
The Botswana Unified Revenue Service (BURS) wishes to inform the public that the deadline for submitting Annual Individual Income Tax Returns for the 2024 Tax Year has been extended from 31 December 2024 to 28 February 2025. This extension is ...
Republic of Congo | SMIG Increase 1st January 2025
In the Republic of Congo, the guaranteed minimum wage (SMIG) will be set at 70,400 CFA francs per month, effective January 1, 2025. This increase is the result of ten years of negotiations and discussions between social partners and the government, ...
Burkina Faso | Draft Finance Law 2025
The Transitional Legislative Assembly has approved the Finance Bill for 2025. This bill amends Article 221 of Law No. 058-2017/AN, which pertains to the General Tax Code of Burkina Faso that was enacted on December 20, 2017. As of January 1, 2025, ...
Mali | Draft Finance Law 2025
The Ministry of Economy and Finance in Mali has unveiled the Draft Finance Law for the 2025 financial year, which has received approval from the Council of Ministers. However, it is yet to be enacted. As of January 1, 2025, all existing payroll ...
Cameroon | Finance Law 2025
On the 23rd of December 2024, the President of Cameroon signed Law No. 2024/013, enacting the Finance Law for the 2025 financial year. While the law introduces several amendments to the General Tax Code, it does not make changes to the following ...
Togo | Draft Finance Law 2025
Togo has released the draft Finance Bill for 2025. Key proposed amendments to the General Tax Code affecting payroll include changes to the definition of ‘managers’ in Articles 17 and 28. The updated definition will specifically include majority ...
Morocco | Finance Law 2025 Published in Official Gazette
On 19 December 2024, the Finance Law (Law n°60.24) for the 2025 budget year was published in Official Bulletin No. 7362, following its approval by both Houses of Parliament. The main payroll tax measures provided for in the new finance law are as ...
Ivory Coast | Draft Finance Law 2025
The General Directorate of Budget and Finance has issued the Draft Finance Law for the 2025 tax year, which is currently undergoing review and awaits approval. At this time, there are no amendments to the Tax on Salaries and Wages, and the Guaranteed ...
Gambia | Budget Speech 2025 - Proposed change to the Income Tax threshold
The Minister of Finance and Economic Affairs, Honourable Seedy K.M. Keita, presented the 2025 National Budget during the National Assembly on 13 December 2024. During the budget speech, it was proposed to revise the tax-free threshold for personal ...
Mauritius | 14th Month Bonus (Special Allowance)
The Cabinet approved the payment of a 14th month bonus for employees in both the public and private sectors during its meeting on 13 December 2024. This initiative has been formalised under the Special Allowance Bill No. XX of 2024 and applies to ...
Rwanda | Pension Reforms - Effective 01 January 2025
The government of Rwanda has announced revised contribution rates for the mandatory pension scheme, as outlined in Presidential Order No. 086/01 of 12 December 2024 (the Presidential Order). This new order replaces Presidential Order No. 009/01 of 10 ...
Tunisia | Finance Law 2025 Published in Official Gazette
The Official Journal of the Republic of Tunisia No. 149 of December 10, 2024 published Law No. 48-2024 of December 9, 2024 on the Finance Law for the year 2025. The main payroll tax measures provided for in the new finance law are as follows: ...
Cameroon | Draft Finance Bill 2025
The draft finance bill for the 2025 financial year has been made available. There are no proposed amendments affecting payroll. Final confirmation will be communicated once the Act has been promulgated.
Kenya Tax Laws (Amendment Act) 2024 Effective 27 December 2024
On 11 December 2024, President William Ruto signed seven bills into law, including the Tax Laws (Amendment) Act 2024. This Act introduces several legislative changes impacting payroll. Below is a summary of the key details. The Act was gazetted on 13 ...
Nigeria | Tax Bill 2024 – Proposed Amendments
On October 3, 2024, President Bola Ahmed Tinubu of Nigeria submitted the Tax Reform Bills to the National Assembly for review. These bills aim to standardise tax procedures, ensuring a consistent and efficient administration of tax laws to support ...
Tunisia | SMIG increase (effective January 2025)
In Tunisia the Salaire Minimum Interprofessionnel Garanti (SMIG) refers to the Guaranteed Interprofessional Minimum Wage in the non-agricultural sectors governed by the Labour Code. Decree no 2024-0419 of 9 July 2024 increases the SMIG values as ...
Zimbabwe | Budget 2025
On November 28, 2024, the government of Zimbabwe announced new tax measures as part of the 2025 National Budget presentation. Key updates affecting payroll include an increase in the local currency tax-free threshold, increasing it to ZiG 2,800 per ...
Angola | Proposed General State Budget 2025
The 2025 General State Budget Law was presented to the National Assembly on October 31, 2024. There are no proposed amendments affecting Group A taxpayers on the payroll. Further updates will be shared once the Finance Act is published.
Rwanda: Proposed Pension Reforms Effective January 2025
On November 28, 2024, the Rwanda Social Security Board (RSSB) engaged with the private sector to discuss upcoming pension reforms and their benefits for businesses and individuals. The RSSB has also published a detailed FAQ on its website, addressing ...
Tunisia| Proposed Finance Bill Amendments for 2025
The Tunisian Parliament is currently reviewing a revised draft of the Finance Bill for 2025, which introduces several significant changes. Key proposals affecting payroll include: Social Protection Fund for Female Agricultural Workers: The ...
South Africa | Employment Equity Amendment Act Effective 1 January 2025
Government Gazette 51684 has confirmed that the Employment Equity Amendment Act No. 4 of 2022 will take effect on 1 January 2025. These amendments aim to enhance equitable representation, ease administrative burdens for smaller employers, and ...
Republic of Congo: Draft Finance Law 2025
The Ministry of Economy and Finance released the Draft Finance Law for the 2025 tax year on October 11, 2024. This proposal is currently under review and awaiting approval. At this time, there are no changes to: Personal Income Tax (IPR) Occupational ...
South Africa | Decrease in the Official Rate of Interest Effective December 2024
According to paragraphs 2(f) and 11 of the Seventh Schedule to the Income Tax Act, when an employee incurs debt to their employer and either no interest is charged or the interest rate is below the official rate of interest, the difference between ...
Sierra Leone | Budget Highlights 2025
On November 15, 2025, the Minister of Finance, Mr. Sheku Ahmed Fantamadi Bangura, delivered the Government Budget and Statement of Economic and Financial Policies for the 2025 fiscal year. The announcement included several tax policy measures aimed ...
Mauritania | Draft Finance Law 2025
The Mauritanian Ministry of Economy and Finance (MoF) has published the draft Finance Law for 2025. The Draft Finance Law 2025 proposes several amendments to the General Tax Code, but no changes are proposed to the Taxes on Salaries and Wages (ITS) ...
Gabon | Increase in National Housing Fund (FNH) Contribution Rate
The National Housing Fund is financed by a compulsory contribution payable by public and private sector employers who are members of the Caisse Gabonaise de Prévoyance Sociale scheme. On 21 October 2024, the Official Journal of the Republic of Gabon ...
Egypt | Increase in Social Security Limits effective 1 January 2025
The Social Insurance and Pension Law No. 148 of 2019 and its Executive Regulations No. 2437 of 2021 mandate a 15% increase in the minimum and maximum salary limits on which social security contributions are calculated. This increase is effective on ...
Kenya | Proposed New Tax Measures
The Kenyan Government has published the proposed draft Tax Laws (Amendment) Bill 20204 and the draft Tax Procedures (Amendment) Bill 2024. These Bills aim to reintroduce some of the tax measures originally contained in the Finance Bill 2024 that was ...
Zambia | Income Tax (Amendment Bill), 2024
The National Assembly of Zambia recently published the Income Tax (Amendment) Bill, 2024. This Bill does not introduce any proposed changes to employees' tax, including no proposed amendments to the income tax tables for the upcoming tax year.
Kenya | Public Notice: Insurance Relief on SHIF Contributions
The Kenya Revenue Authority (KRA) has issued a Public Notice clarifying that contributions to the Social Health Insurance Fund (SHIF) do not qualify for insurance relief. Currently, the Income Tax Act does not provide for tax relief on SHIF ...
Morocco | Draft Finance Law 2025
On 19 October 2024, the Moroccan Ministry of Finance published the draft Finance Law for 2025. Here are some of the key proposed changes affecting payroll: Exemptions for supplementary pensions: Pensions will be exempt from income tax if the contract ...
DRC | Draft Finance Law 2025
DRC has released its draft finance law to manage the 2025 tax year. This draft is still pending review and approval. Until now, there have been no changes affecting IPR (Professional Tax on Remuneration) and Exceptional Tax on the Remuneration of ...
Benin | Draft Finance Law 2025
Benin has released its Draft Finance Law for the management of the 2025 tax year. This draft is still awaiting deliberation and adoption. Up until now, there have been no changes regarding payroll taxes; namely Taxes on Salaries and Wages (ITS) and ...
Kenya | Supreme Court sets aside Court of Appeal’s finding that the Finance Act 2023 is unconstitutional
On Tuesday, 29th October 2024, Kenya’s Supreme Court overturned the lower court's decision that had declared the Finance Act 2023 unconstitutional. Consequently, the Finance Act 2023 remains lawful and in full effect. The Act introduced the ...
Kenya | Social Health Authority Notice to All Employers
The Social Health Authority (SHA) has issued a notice to clarify some FAQs on the Social Health Insurance Fund (SHIF) statutory contribution. What is meant by gross salary or wage? Employers are required to deduct a SHIF contribution of 2.75% from ...
Kenya | Fringe Benefit Tax 2024
The Commissioner for Domestic Taxes has issued a new Public Notice regarding Fringe Benefit Tax and the Deemed Interest Rate. Fringe Benefit Tax For the purposes of Section 12B of the Income Tax Act, the Market Interest Rate remains 16%. This rate ...
Kenya | High Court Rules Affordable Housing Levy Lawful
On Tuesday, 22 October 2024, Kenya’s High Court ruled that the affordable housing levy, introduced through the Affordable Housing Act effective March 2024, is lawful. The High Court has found that adequate public participation took place, allowing ...
UAE | Temporary Suspension of GPSSA Online Services
The General Pension & Social Security Authority (GPSSA) will temporarily suspend its online services from October 15, 2024, until further notice. This pause is part of the transition to a new online platform called Ma'ashi. The Ma'ashi platform aims ...
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