===========New Tax Rates (Fiscal Year 2025 - 2026)===========

**  * The new income tax rates and bands announced in the budget will be effective as from income year starting on 01st July 2025, i.e., on income received by an individual as from 01st July 2025**

{{:spay:hrmsprocguide:tax_rates_2025_2026.png|}}


===========Illustrations of PAYE Calculation Breakdown based on the New Tax Rates===========

      * Tax Nil - Chargeable income is less than Income Exemption threshold in July 2025

{{:spay:hrmsprocguide:1_tax_nil_chargeable_income_is_less_than_income_exemption_threshold_in_july_2025.png|}}

      * EDF Submitted - Progressive Tax Scale 10% in July 2025

{{:spay:hrmsprocguide:2_edf_submitted_progressive_tax_scale_10_in_july_2025.png|}} 

      * EDF Submitted for Self - Progressive Tax Scale 20% in July 2025

{{:spay:hrmsprocguide:3_edf_submitted_self_progressive_tax_scale_20_in_july_2025.png|}}

      * No EDF submitted - Tax Flat Rate 15% in July 2025

{{:spay:hrmsprocguide:4_no_edf_submitted_tax_flat_rate_15_in_july_2025.png|}}

      * Expat - EDF submitted - No EYB as per contract of employment - Progressive Tax Scale 20%

{{:spay:hrmsprocguide:5_expat_with_no_eyb_payment_and_edf_dvider_12_progressive_tax_scale_20_.png|}}

      * EDF Submitted - Housing Benefit 10% - Progressive Tax Scale and Tax on Tax in July 2025

{{:spay:hrmsprocguide:6_edf_submitted_housing_benefit_10_progressive_tax_scale_and_tax_on_t_in_july_2025.png|}}