Chad's President has promulgated the Finance Law for the 2023 financial year, Law No. 016/PT/2023 of 30 December 2022. Some of the main tax measures affecting payroll include:
Old table:
|
Lower bracket |
Higher bracket |
Threshold |
Tax on Threshold |
Marginal Rate |
|
0 |
800 000 |
0 |
0 |
0% |
|
800 000 |
2 500 000 |
800 000 |
0 |
10% |
|
2 500 000 |
7 500 000 |
2 500 000 |
170 000 |
20% |
|
7 500 000 and more |
7 500 000 |
1 170 000 |
30% |
|
New table:
|
Lower bracket |
Higher bracket |
Threshold |
Tax on Threshold |
Marginal Rate |
|
0 |
800 000 |
0 |
0 |
0% |
|
800 000 |
6 000 000 |
800 000 |
0 |
10.5% |
|
6 000 000 |
7 500 000 |
6 000 000 |
546 000 |
15% |
|
7 500 000 |
9 000 000 |
7 500 000 |
771 000 |
20% |
|
9 000 000 |
12 000 000 |
9 000 000 |
1 071 000 |
25% |
|
12 000 000 and more |
12 000 000 |
1 821 000 |
30% |
|
The above changes are effective 1 January 2023. The system will be updated soon!