The Inland Revenue Department has published the PAYE tables and the guidelines to be followed for the computation of withholding tax under the PAYE scheme for the period 1st January 2020 to 31st March 2020.
- Guideline: Instructions to Employers on Deducting Withholding Tax (PAYE) from Employment Income of employees
- Table – A: Rates for the deduction of tax from monthly regular profits, Lump-sum payments or cumulative profits from employment.
- Table – B: Rates for the deduction of tax from Once-and-for-all Payments (Terminal Benefits)
- Table – C: Rates for the deduction of tax from payments made to Non-Citizen and Non-Resident employees
- Table – D: Rates for the deduction of tax from Tax on Tax
- Table – E: Rates for the deduction of tax from employees who employed under more than one employer
- Non Cash Benefits: Value of benefits for the purpose of employment income