Employee Withholding Tax (EWT) is the portion of remuneration that is held by the employer as a part of the income tax of the employee. Where applicable, payers are required to withhold EWT from the remuneration paid to employees.
Remuneration also includes salaries, wages allowances and benefits received by the employee, whether received in cash or in-kind.
Employees include persons who are engaged to provide labour services to another person under a contract of service, company directors, partners of partnerships and any person holding a position of the State.
Employers are required to register their employees, compute the employee withholding tax amount, file EWT returns, make EWT payments to MIRA and maintain all relevant records associated with the EWT.
Taxation on remuneration commenced on 1 April 2020.