South Sudan Finance Act 2021-22 Measures Include General 30% Business Profits Tax Rate

South Sudan reportedly implemented the tax measures of the Finance Act 2021-22 with effect from 18 July 2022. Measures include:

• The monthly personal income tax brackets/rates are maintained as follows, but the rate for a particular bracket is applied as a flat rate instead of the rates being applied progressively:
  • up to SSP 2,000 - 0%
  • SSP 2,001 to 5,000 - 5%
  • SSP 5,001 to 10,000 - 10%
  • SSP 10,001 to 15,000 - 15%
  • SSP 15,001 and above - 20%
• A 30% surtax on employee income is reintroduced, whic…