Submission of the Employer’s Return (TD7)
The Tax Department announces that, in the first half of 2025, the submission of the Employer's Return (TD7) and the relevant tax payment will be conducted through the TFA system. Learn More
Notification to employers regarding the salary cap
It is hereby notified that the maximum insurable earnings of employees for the purposes of calculating the amount of contribution to the Social Insurance Funds, Annual Leave with Pay, Surplus Personnel and Human Resource Development Fee, based on Regulation 8(1)…
Imposition of a Zero VAT Rate on Basic Goods from November 4, 2024, to December 31, 2025
The Tax Department announces that on October 29, 2024, the Council of Ministers approved a 0% VAT rate for specific essential goods from November 4, 2024, to December 31, 2025. These items include: Baby milk (liquid and powder) Baby and…