The Income tax rates and personal allowances in Lesotho are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Lesotho Tax Calculator 2022.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 20% | Income from M 0.000.00 | to | M 67,440.00 |
| 30% | Income from M 67,440.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 20% | Income from M 0.000.00 | to | M 67,440.00 |
| 30% | Income from M 67,440.01 | and above | |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Lesotho periodically and typically updated each year. Not that not all tax rates and thresholds in Lesotho change annually, alterations to tax policy to support strategic economic growth in Lesotho mean that the certain areas may be focused on to provide specific tax relief in Lesotho or support growth in certain areas (overseas invstment in Lesotho for example may mean reduced non-resident income tax rates in Lesotho for a period).
When tax policy in Lesotho changes, the resultant tax tables also change. Tax tables in Lesotho are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Lesotho, the Lesotho tax tables also include specific notes and guidance on the validity of scenarios (for example, qualifying criterea for specific tax relief / allowances) and notes of the calculation of phaseout of specific tax elements within each taxation group (dividends and corporation tax thresholds in Lesotho for example).
Lesotho Tax Tables may also be referred to as Lesotho Tax Slabs, Lesotho personal allowances and tax thresholds or Lesotho business tax rates. They all refer to the tax tables, whether in whole or as specific sections/categories of the tax tables therein. In the section, we publish all 2022 tax rates and thresholds used within the 2022 Lesotho Salary Calculator. This means that if you are aware of a 2022 tax exemption or 2022 tax allowance in Lesotho that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Lesotho Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Lesotho Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Lesotho simple, we achieve this my making the Lesotho tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2022 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2022 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Lesotho income tax rates and personal allowances used in the associated income tax calculator for the same tax year.