MEF Information Notes on The Cumulative PAYE System and Tax Deduction at Source (TDS)

We are pleased to provide you our revised Information Notes on The Cumulative PAYE System and Tax Deduction at Source (TDS).

 The main changes relate to:

• ·         an increase of the income exemption thresholds
• ·         abolition of TDS on interest payable to residents
• ·         extension of TDS to new categories of persons

We remain at your disposal for any further information you may require.