Income Payments Subject to EWT

• Professional fees (not made to General Professional Partnerships)

• Management fees

• Consultancy fees

• Director’s fees (payment to members of the BOD who are not employees)

• Payment to partners in a GPP

• Payment to beneficiaries of estates and trusts

• Payments to Contractors or Sub-contractors

o Security

o Janitorial

o Advertising

o Other specialized services

• Payments by Top Withholding Agents

o Goods

o Services

Income Payment EWT Income Payment EWT

Professional/

Management/

Consultancy fees

(Individual)

Gross receipts

3M or below –

5%

Gross receipts

over 3M or VATreg – 10%

Purchase of

goods or

properties by Top

Withholding
Agents (TWA)

1% - goods

2% - services

Professional/

Management/

Consultancy fees

(Non-Individual)

Gross receipts

720,000 or

below – 10%

Gross receipts

over 720,000 –

15%

Partners in GPP

(drawings,

advances,

sharings,

allowances, etc.)

720,000 or

less – 10%

Above

720,000 –

15%

Contractors/ Subcontractors

2% Commission (if

not employee) 10%

Director’s fees (if

not employee)

10% or 15%
(720,000

threshold)

Income

distributed to

beneficiaries of

estates/trusts

15%

Rental 5%