Congo, Republic of
Individual - Sample personal income tax calculation
Last reviewed - 23 January 2024
| Tax computation |
Husband (XAF) |
Wife (XAF) |
(XAF) |
| Salary |
20,000,000 |
10,000,000 |
|
| |
|
|
|
| Dividends from Congolese companies (husband, XAF 1,700,000 plus XAF 300,000 withheld; wife, XAF 850,000 plus XAF 150,000 withheld) |
2,000,000 |
1,000,000 |
|
| |
|
|
|
| Real estate income (husband, XAF 2,200,000 plus XAF 200,000 withheld, wife, XAF 1,100,000 plus XAF 100,000 withheld) |
2,400,000 |
1,200,000 |
|
| |
|
|
|
| Total income |
24,400,000 |
12,200,000 |
|
| |
|
|
|
| Less: |
|
|
|
| Interests on loans |
(1,000,000) |
0 |
|
| Medical fees |
(200,000) |
0 |
|
| Total deductions |
(1,200,000) |
0 |
|
| |
|
|
|
| Taxable income |
23,200,000 |
12,200,000 |
|
| |
|
|
| Net taxable income before notional expense deduction |
|
35,400,000 |
| Standard deduction |
|
(7,080,000) |
| Taxable income |
|
28,320,000 |
| Number of shares |
|
2.0 |
| Taxable revenue per share |
|
14,160,000 |
| |
|
|
| PIT due per share: |
|
|
| 1st bracket (1% up to XAF 464,000) |
4,640 |
|
| 2nd bracket (10% between XAF 464,000 and XAF 1 million) |
53,600 |
|
| 3rd bracket (25% between XAF 1 million and XAF 3 million) |
500,000 |
|
| 4th bracket (40% over XAF 3 million) |
4,464,000 |
|
| |
|
5,022,240 |
| |
|
|
| Total PIT due |
|
10,044,480 |
| |
|
|
| Occupancy tax |
|
120,000 |
| |
|
|
| CAMU contribution |
|
117,000 |
| |
|
|
| Departmental tax |
|
4,000 |
| |
|
|
| Total tax liability |
|
10,285,480 |
| |
|
|
| Less withholding on dividends and real estate income |
|
(750,000) |
| |
|
|
| Total tax due |
|
9,535,480 |
