The 2024/2025 Income Tax Amendments for Lesotho have been passed into law as per Regulation no. 25 of 2024.
Lesotho Income Tax (AMA) Regulations No.25 of 2024.pdf
The amendments are as follows:
- Increase in the tax credit from M10 824 (M902 per month) to M11 040 (M920 per month).
- Increase in the minimum taxable income from M69 120 (M5,760 per month) to M70 500 (M5,875 per month).
The above is effective 1 April 2024.
Take note: Our Sage development teams are currently busy with the necessary tax file changes, and the release of the updated tax files will be posted here on the Community Hub.
Post update 23 April 2024: The tax table files are available to download on the Sage Portal Patch release | Sage VIP Classic and Premier 6.2a – Lesotho and DRC
Click here to view and download the latest taxation summaries and calculators.