Withholding tax deducted is creditable against tax ultimately payable by a resident recipient on that income. Training levy All businesses whose annual payroll exceeds K200,000 are subject to a 2% training levy, calculated on the sum of the taxable salary/wages, including benefits, of all ...
The annual tax (which is prorated for each month a person is without coverage) equals the greater of (i) a "flat dollar amount" and (ii) a percentage of the taxpayer's household income in excess of that year's filing threshold (the filing threshold is the total of the standard deducti...
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The annual tax (which is prorated for each month a person is without coverage) equals the greater of (i) a "flat dollar amount" and (ii) a percentage of the taxpayer's household income in excess of that year's filing threshold (the filing threshold is the total of the standard deducti...