The Revenue Administration Service (SAR) announced the update of the Progressive Income Tax (ISR) Table applicable to individuals for the 2026 fiscal year.
Under this amendment, individuals with monthly income of up to L22,360.36 will be exempt from paying ISR in 2026, which is equivalent to an annual net taxable income of up to L268,324.32.
In addition, the annual deduction of L40,000 for medical expenses remains in force. This amount is added to the net taxable income for purposes of calculating the reference monthly salary.
|
2026 Progressive tax table |
||||
|
Rate |
Annual Net Taxable Income |
Monthly Salary |
||
|
From |
To |
From |
To |
|
|
Exempt |
L0.01 |
L228,324.32 |
L0.01 |
L22,360.36 |
|
15% |
L228,324.33 |
L348,154.10 |
L22,360.37 |
L32,346.18 |
|
20% |
L348,154.11 |
L809,660.75 |
L32,346.19 |
L70,805.06 |
|
25% |
L809,660.76 |
And above |
L70,805.07 |
And above |
