Standard valuations apply for various benefits-in-kind and are included in the taxpayer's gross income for tax purposes. These include the following:
|Benefit||Amount included in annual taxable income|
|Free housing (paid to a third party by employer)||100% of payments|
|Personal car used on company business||Formula based on business usage|
|Utilities (telephone, electricity, water, coal, and gas)||100% of payments|
|Domestic servants (e.g. cooks, maids, gardeners)||100% of payments|
|Tuition payments||100% of payments|
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.