Standard valuations apply for various benefits-in-kind and are included in the taxpayer's gross income for tax purposes. These include the following:
All lump sum payments (e.g. gratuity payments, redundancy payments, provident and pension fund payouts) require the obtaining of a directive from the Commissioner of Taxes before they can be paid out to an employee.
There is no capital gains tax in Swaziland.
A withholding tax (WHT) is payable at a rate of 10% for dividends received.
Last Reviewed - 04 February 2020