Personal income tax

taxable income

What income do I have to pay taxes on?

According to the General Tax Code, income is what individuals, companies and other corporate bodies make from transactions and businesses carried on in Cameroon. A tax is levied on all income or profits earned, unless the law specifically exempts it. This means some incomes don’t fall under taxable incomes. Taxable income All taxable incomes are…

minimum taxable wage

What is the minimum taxable wage in Cameroon

Last week I was conversing with one of my young cousins who just left the university and got a small job around town. In our discussion, he mentioned his salary which is 60,000fcfa. He told me he doesn’t even receive the complete amount as taxes are deducted. I was baffled! Either the employer is ignorant…

Cameroon tax system

A Review of the Cameroon Tax System

Cameroon tax system This post is sponsored by Ess.BE, a quality control management consultancy based in Douala - Cameroon