Tanzanian PAYE Calculator: An Easy Way to Determine Monthly Income Tax
If you’re an employee in Tanzania, it’s essential to understand how much Pay As You Earn (PAYE) tax you owe each month. This process can be simplified with the use of a PAYE calculator provided by the Tanzania Revenue Authority (TRA).
Here’s how you can use the PAYE calculator:
- Begin by determining your monthly pay after all deductions, specifically those for NSSF (National Social Security Fund) or PSSSF (Public Service Social Security Fund).
- Once you have that figure, navigate to the PAYE calculator on the TRA website: https://www.tra.go.tz/calculators/paye.htm.
- You’ll find a field marked “Amount”. Here, input your monthly pay after NSSF or PSSSF deductions.
- After entering the figure, click on the “Calculate PAYE” button.
The calculator will instantly provide you with the amount of monthly income tax payable, based on your inputs.
By using this calculator, you can keep a close eye on your monthly expenses and budget accordingly. It’s a quick and easy way to stay informed about your financial obligations as an employee in Tanzania.
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For more information Visit https://www.tra.go.tz/