..Businesses with turnover below E50 000 will pay 0% tax, while those above E50 000 will pay 1.75%.
BY MBONGENI NDLELA
MBABANE- ERS has delayed the enforcement of the Tax Compliance Certificate (TCC) requirement for procurement transactions until 31 March 2027 for businesses with an annual turnover below E500,000—bringing significant relief and renewed confidence to small enterprises across the country.
The announcement by the Eswatini Revenue Service (ERS) signals a deliberate and supportive approach aimed at empowering small businesses while strengthening compliance in a practical and inclusive manner.
ERS Commissioner General spokesperson Brightwell Nkambule said the decision reflects a clear understanding of the challenges faced by emerging enterprises.
“This is part of our ongoing efforts to support taxpayers in meeting their tax compliance obligations,” said Nkambule. “We have adopted a phased, supportive approach to ensure minimal disruption to businesses while encouraging them to regularise their tax affairs.”
The delayed enforcement provides small businesses with a critical window to stabilise, grow, and gradually align with compliance requirements without the pressure of immediate enforcement.
“We want small businesses to thrive and participate fully in economic activities, including procurement opportunities, while we support them on their compliance journey,” he said.
During this period, ERS will assist qualifying businesses to transition into the Presumptive Tax Regime. Businesses with turnover below E50 000 will pay 0% tax, while those above E50 000 will pay 1.75%.
ERS has also reinforced its commitment to assisting businesses with outstanding tax obligations through programmes such as Sondzela Sikhulume and the Voluntary Disclosure Programme.
“ERS remains open to accepting reasonable and workable arrangements to assist taxpayers in settling their obligations,” Nkambule explained.
For businesses with annual turnover above E500,000, ERS is enhancing systems by working with procuring entities to automate compliance verification processes.
ERS emphasized that tax compliance is essential for national development and funding public services.
“We remain committed to collaborating closely with taxpayers and stakeholders to ensure that the implementation of the TCC regulations is simple, fair, and supportive of economic activity,” Nkambule concluded.
(Courtesy Pic)
