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Salary above 100,000 is taxed at a rate of 30% of the gross salary, which includes cash salary, allowances, and other non-cash benefits (example: use of a car)
According to Nº 027/2022 of 20/10/2022 Law establishing taxes on income. First year following the date of commencement of this law
Table 1-Year 1 from 2023
14,000 + (400,000-100,000 x 30%) = 104,000
Salary above 200,000 is taxed at a rate of 30% of the gross salary, which includes cash salary, allowances, and other non-cash benefits (example: use of a car)
Table 2: Year 2 – from 2024
According to Nº 027/2022 of 20/10/2022 Law establishing taxes on income. From the second year after the commencement of this law
14,000 + (400,000-100,000 x 30%) = 104,000
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