Praxima Services Includes
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Full Payroll Outsourcing
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Hybrid Payroll Outsource
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International Payment Management
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Local Filing
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Social Security Filing
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Interact with Local Authorities
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Human Resources Management System
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Integration with all Accounting and Third Party
Software
Benefits of outsourcing to Praxima
Local Tax Compliance
Secure Data Transferring
Responsive Administrators
Increase Productivity
Industry Experts
Running Your Payroll
Focus on Your
Core Business
Taxable Income
Employment income and most employment benefits are taxable. Capital gains are tax on the Personal Income Rates, as per above table.
Capital gains derived from a sale or a cession of commercial immovable properties will be taxed separately on a rate of 30%.
Exempt Income
The following employment income will be exempt from tax:
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Employment income received by a non-citizen that is from a foreign government or a non-government organisation under which an agreement was signed by the Rwandan government and the income goes to the performance of aid services in Rwanda;
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Employment income received by a non-resident from a foreign employer for performing services in Rwanda, unless the services rendered to a permanent establishment situated in Rwanda of the employer.
Your HRMS is Standard
Tax Residents
An individual will be considered a tax resident if he/she:
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is domiciled or has a permanent resident in Rwanda
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stays in the country for a longer period of 183 days in a 12 month period
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is a Rwandan representing Rwanda abroad.
PAYMENTS, REPORTING & FILING
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Direct payment into employee bank accounts. Emailed password protected pay slips.
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Payment of taxes, benefit providers and other creditors.
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Filing of returns to the authorities.
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Generation and filing of statutory reports.
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General ledger and 100's of customisable reports.
