Last reviewed – 26 February 2025
Effective 1 July 2023, the maximum personal income tax (PIT) rate increased from 30% to 35%.
This impacts high-income earners and may require adjustments in financial planning. For expert tax solutions and compliance guidance, consult Quartet today.
P.S(The income section contains more information pertaining to the tax specifics.)
I’m a Tax & Finance Writer at Quartet Solutions, simplifying tax regulations and financial concepts to help businesses stay compliant.
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