Tax - Credits

Modified on Fri, 8 Mar at 8:14 AM

Tax Credits are available to elderly, blind or disabled taxpayers.  Credits are also given for approved medical expenses incurred.


The credits are used to directly reduce the calculated amount of Tax Payable.  In the past tax credits were only available to employees being taxed using FDS methods of calculating tax. 


Once the Tax Credit amounts and percentages are set and allocated to employees, or processed the value of the Tax Credit then comes through automatically in the calculated PAYE amount.


See this link for further information about Tax Credits.

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