Income tax is levied on all income derived from a source within or deemed to be within the country, irrespective of whether the recipient of the income is actually resident in Swaziland.
Personal income tax rates
Swaziland assesses resident and non-resident individuals on a graduated/progressive tax rate basis.
|Taxable income (SZL*)||Tax rate|
|0||100,000||SZL 0 plus 20% of taxable income in excess of SZL 0|
|100,000||150,000||SZL 20,000 plus 25% of taxable income in excess of SZL 100,000|
|150,000||200,000||SZL 32,500 plus 30% of taxable income in excess of SZL 150,000|
|200,000||and above||SZL 47,500 plus 33% of taxable income in excess of SZL 200,000|
* Swaziland lilangeni
A rebate of SZL 8,200 (SZL 10,900 for those over age 60) per annum is applied to the annualized tax calculated. In essence, no tax is payable below an annual taxable salary of SZL 41,000 per annum.