Tax form on RIA Docs

Value Added Tax Return

Mon, 01 Jan 0001 00:00:00 +0000

Overview

Businesses and national or public institutions producing taxable goods are required to pay a Value Added Tax (VAT) Return. However, diplomats and some NGOs are exempted from VAT.

It is the responsibility of taxpayers to submit a VAT form declaring the total value of purchases and sales for all goods. All VAT returns must be filed online.

The VAT tax rate is set at 15% for all taxpayers.

Withholding Tax

Mon, 01 Jan 0001 00:00:00 +0000

Overview

Withholding tax is a mandatory tax that is deducted from an employee’s salary by the employer and paid directly to the government. An employee can be a resident or a non-resident of Eswatini.

Withholding tax is filed on an as-needed basis in accordance with established regulations.

To access the Withholding tax form, navigate to Tax Form.

Only the tax forms of the tax types associated with your account are displayed. Ensure that you have selected the correct TIN to view associated tax forms.

Submit a withholding tax form

Verify that the values in the following fields are correct:

Provisisonal Tax

Mon, 01 Jan 0001 00:00:00 +0000

Overview

Provisional tax is filed and paid bi-annually by an individual or a company.

For an Individual Provisional Tax, the first tax payment is automatically computed to be 50% of the value of your previous year’s provisional tax. For example, if you paid E1000 for your PIT in the year 2022, then you have to pay E500 for the January-June 2023 filing period.

In cases where there are no PIT filings in the previous year, then you are not required to file the first PIT for the current year. However, you need to file the second PIT for the current year.

Corporate Income Tax

Mon, 01 Jan 0001 00:00:00 +0000

Overview

Corporate Income Tax must be filed annually, and failure to do so may result in late filing penalties and interest charges. The tax is due for both filing and payment within four months after the end of the financial year.

Reminder notifications are sent 30 and 7 days before the deadline. If you have already filed before the scheduled notification, then you will not receive any reminder notifications. If you fail to file after the 2nd notification, then another set of reminders will notify you.

Personal Income Tax

Mon, 01 Jan 0001 00:00:00 +0000

Overview

Personal Income Tax must be filed annually, and failure to do so may result in late filing penalties and interest charges. The tax is due for both filing and payment within four months after the end of the financial year.

Pay As You Earn

Mon, 01 Jan 0001 00:00:00 +0000

Overview

Pay as you earn (PAYE) tax is a type of self-assessed tax in which an employer is responsible for declaring and paying income tax for all its employees. The employer is required to fill and submit PAYE tax forms that contain information such as income, fringe benefits, and other relevant details.

The following are the applicable tax rates:

Taxable amount condition	Tax Rate
Less than E100000	E0 + 20% of the excess over E0
Equal or greater than E100000 but less than E150000	E20000 + 25% of the excess over E100000
Equal or greater than E150000 but less than E200000	E32500 + 30% of the excess over E200 000
Equal or greater than E200000	E47500 + 33% of the excess over E200000

To access the PAYE tax form, navigate to Tax Form.