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Dear readers, we informed you recently of the proposed Wage Tax amendments in Suriname.
The President announced last year the adjustments of the wage tax brackets per January 1st, 2024.
We want to inform you that the State Decree for these amendments has been published (S.B 2024 no. 2).
Please find below the amendments in the Wage Tax, effective from January 1st, 2024:
The wage tax brackets per January 2024 are as follows:
As the State Decree has been published, the amendments can be formally implemented in the payroll.
If you have any questions or concerns regarding the above-mentioned changes, please don’t hesitate to contact us via email on: info@kgltaxlegal.com.
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This is an updated Blog post on the amendment to the Law regarding the Minimum Wage and the Law regarding the Minimum Hourly Wage.
Read in this article about the recent amendments in Suriname regarding the intermediaries act and minimum wage act.
Amendments to the wage tax act have been officially published in the State Decree (S.B 2024 no. 2). Also note that the filing of the wage tax return must now be done in a online portal.
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