The Kingdom of Eswatini has introduced several changes to tax administration through the Income Tax (Amendment) Act 2023 which was gazetted on 20 October 2023.
Key points regarding payroll for the 2024/2025 tax year:
Therefore, there are no changes affecting payroll.
Notable administration changes that might affect employers and/or employees:
These changes were confirmed in the first Budget Speech for 2024/2025 by Finance Minister, Neal Rijkenberg. The amendments will take effect on a date determined by the Minister via a gazette. Currently, no such gazette has been published, but the Minister of Finance has indicated that the proposed effective date is set for 1 July 2024 in his Budget Speech.
The Income Tax Amendment Act 2023 can be accessed on the official website of the Eswatini Revenue Service: