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South Sudan 2019/2020 Financial Act Published

31 January 2020

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Approved Changes

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South Sudan

South Sudan's Ministry of Finance and Economic Planning published the 2019/2020 Financial Act on 12 December 2019. The Act was signed by the president on 17 September 2019 and includes the following key measures: The monthly personal income tax brackets/rates are set as follows: 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% The business profit tax rates are maintained at: 10% for taxable profits of a small business enterprise (gross profit of up to SSP 1,000,000) 20% for...