Home General Information Direct Taxes Indirect Taxes Contact Us Links Downloading Reports  will require Acrobat  Reader. (click below)

DIRECT TAXES (click on heading below then click again) Taxation of Individuals Taxation of Companies Taxation of Resource Projects Taxation of Trusts Duties of Employers Training Levy Interest Withholding Tax Royalty Tax Foreign Contractors Management Fees Overseas Ships Tax Information Tax Incentives Training Levy A training levy is payable by every employer who has a total payroll of 200,000 Kina or more. The levy is assessed on an annual basis and is calculated at 2% of the pay-roll. The amount of levy payable may be offset against any qualifying training expenses incurred during the year. Qualifying training expenses broadly include various expenses incurred in the training of citizen employees, including salaries and wages paid to employees during full or part-time training, fees paid for training of employees, salaries paid to trainers, the part of the salary paid to an employee during on-the-job training, the cost of providing scholarships or other form of training assistance, etc. The training levy is an annual levy. Every employer must submit annual training levy returns and claim training expenses incurred during that year. There is no provision for carrying forward qualifying training expenses. View and Print Direct Taxes (Direct Tax.PDF 41KB)

Home | General Information | Direct taxes | Indirect taxes | Contact Us | Links

© 2002 - 2003 Internal Revenue Commission PO Box 777 Port Moresby, NCD Papua New Giinea Phone: +675 322 6600 | Fax: +675 321 4249 email: info@irc.gov.pg

Daltron Electronics Limited. P.O Box 2058 Boroko NCD Phone: +675 325 7477 | Fax: +675 325 1820