We have a case that we want to apply salary tax
Summary:
we want to implement of a new tax calculation logic for employee salaries, along with the process for reporting these amounts to the tax authority.
1. Tax Calculation Structure:The tax will be applied based on the following salary categories:
- From 1,000 to 30,000 EGP: Exempt (0%).
- From 31,000 to 40,000 EGP: 10% Tax.
- From 41,000 to 70,000 EGP: 20% Tax.
2. Tax Authority Reporting (Import):Once the calculations are automated, the final tax amounts will be exported into the required format for direct upload and import to the tax authority’s electronic portal to ensure compliance.
So how to do it
How to do it ??
Content (please ensure you mask any confidential information):
0