Are there any wage components that are deductible for PAYE base salary?

  • Modified on: Mon, 12 Feb, 2024 at 3:45 PM

Yes, under Private Insurance 10% from the taxable income is tax deductible with a maximum of G$360.000 per year in 2023. This can e.g. be a private life or medical insurance.

In 2024 this maximum changed to G$600.000 per year.

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