Information about Lesotho Minimum wage and taxes.

Information about minimum wage and taxes in Lesotho is as follows: As of 2021, the minimum wage in Lesotho has been determined as

10.37 Lesotho loti (L) per hour. When calculated monthly, this fee corresponds to 1,740 L. The tax system in Lesotho is organized as follows: - Income Tax: Income tax in Lesotho is imposed according to the following rates: - 0% tax is applied for income between 0 - 12,600 L. - 25% tax is applied for income between 12,601 - 40,000 L. - 30% tax is applied for income between 40,001 - 80,000 L. - 35% tax is applied for incomes of 80,001 and above. - Corporate Tax: The corporate tax rate in Lesotho is 25%. - Value Added Tax (VAT): The VAT rate in Lesotho is generally 14% and is applied on many goods and services. There are also some tax reductions and exemptions in Lesotho. In order to benefit from these discounts and exceptions, certain conditions must be met. The above information is generally valid tax and minimum wage regulations in Lesotho. However, tax and fee policies may be updated from time to time, so it is useful to get support from local tax authorities or experts for up-to-date information.

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