: Effective from the first tax period ending after May 7, 2020 .
For individuals with an annual net taxable income , the following progressive rates apply: 0% : First EGP 15,000 (Tax-free bracket) 2.5% : EGP 15,001 to EGP 30,000 10% : EGP 30,001 to EGP 45,000 15% : EGP 45,001 to EGP 60,000 20% : EGP 60,001 to EGP 200,000 22.5% : EGP 200,001 to EGP 400,000 25% : Over EGP 400,000 Key Provisions & Exemptions
: Taxpayers with annual incomes above EGP 600,000 lose eligibility for the lowest tax brackets (e.g., the 0% and 2.5% brackets) on a sliding scale.
: The annual personal allowance was increased from EGP 7,000 to EGP 9,000 .
: Effective from the first tax period ending after May 7, 2020 .
For individuals with an annual net taxable income , the following progressive rates apply: 0% : First EGP 15,000 (Tax-free bracket) 2.5% : EGP 15,001 to EGP 30,000 10% : EGP 30,001 to EGP 45,000 15% : EGP 45,001 to EGP 60,000 20% : EGP 60,001 to EGP 200,000 22.5% : EGP 200,001 to EGP 400,000 25% : Over EGP 400,000 Key Provisions & Exemptions : Effective from the first tax period ending
: Taxpayers with annual incomes above EGP 600,000 lose eligibility for the lowest tax brackets (e.g., the 0% and 2.5% brackets) on a sliding scale. 001 to EGP 30
: The annual personal allowance was increased from EGP 7,000 to EGP 9,000 . 000 10% : EGP 30