GROW YOUR BUSINESS IN SWAZILAND

Have an enterprise level payroll department and a HRMS with Employee Self-Service at a per employee cost

  • Full Payroll Outsourcing
     

  • Hybrid Payroll Outsource
     

  • International Payment Management
     

  • Local Filing
     

  • Social Security Filing
     

  • Interact with Local Authorities
     

  • Human Resources Management System
     

  • Integration with all Accounting and Third Party

    Software

Praxima Services Include

Why Praxima?

Local Tax Compliance

Secure Data Transferring

Responsive Administrators

Increase Productivity

Industry Experts

Running Your Payroll

Focus on Your

Core Business

Process your Swaziland payroll on International Standards

Payroll in Swaziland

Employers are required to deduct income taxes from their employees' earnings via the PAYE (Pay As You Earn) system and remit to the Swaziland Revenue Authority monthly.  Payments are due before the 7th day of the following month. 

TAX RATES  |  2019 / 2020

 

Taxable income in Swazi Lilangeni (SZL):

​1 - 100,000                      0 plus 20%

100,001 - 150,000          20,000 plus 25%

150,001 - 200,000          32,500 plus 30%

Above 200,001                47,500 plus 33%

STATUTORY FILING  |  2019 / 2020

The employer and the employee contributes both 5% of the monthly basic salary of the employee  to the provident fund.  The maximum monthly earnings used to calculate the contributions are 2,700 lilangeni.

STATUTORY FILING  |  2019 / 2020

Taxpayers must file a return individually, as joint returns are not permitted.  An individual is required to submit his/her annual income tax return by no later than 31 October.  The employer is required to withhold the necessary taxes and remit to the revenue authorities.  Extension of the filing date may be granted, and if not provided with an extension, he/she may receive a penalty. 

Tax Residents

Residence is not specifically defined, however anyone employed in Swaziland will be regarded as a tax resident.  

Taxable Income

Taxable income includes income received from employment, employment benefits, capital gains, certain investment income, income derived from a profession and more, if it is deemed to arise in Swaziland.

Exempt Income

 

The following income, to name a few, are exempted from tax:  

  1. War pensions and gratuities;

  2. Pension, provident or benefit fund payable upon termination of employment;

  3. Certain redundancy payments;

  4. Severance allowance or notice pay;

  5. Scholarships and bursaries

Your HRMS is Standard 

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Employee Self-service

Payslip and tax certificate retrieval. Updating of personal particulars. Leave request and balance enquiries

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Records

Employee documents folder. Training records. Heath & Safety records. Disiplinary records. Qualifications, resume and hiring records.

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Work Flow

Workflow with different approval levels. Full work flow functionality for leave requests, expense and time-sheets

  PAYMENTS, REPORTING & FILING

  • Direct payment into employee bank accounts. Emailed password protected pay slips.

  • Payment of taxes, benefit providers and other creditors.

  • Filing of returns to the authorities.

  • Generation and filing of statutory reports.

  • General ledger and 100's of customisable reports.

Get in Touch

Outsource to Praxima

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Tel: 010 035 1050 (+27)
Int: 678 701 3384 (+1)
E-mail:  jhb@praxima.com

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