Mar 4, 2022 2 min read

Lebanon Payroll Outsourcing Alert

Lebanon – The Deadline for Filing 2021 Income Tax Declarations has been Extended

On February 28, 2022, the Lebanon Ministry of Finance extended the deadline for employers to declare income tax withheld during 2021. The deadline for filing 2021 declarations and paying any respective income tax due, was extended from February 28 to March 31, 2022.

Employers in Lebanon are required to withhold personal income tax at source and declare, as well as remit, all withheld income tax on a quarterly basis to the Ministry of Finance.

Quarterly income tax declarations (R10 Form) must be filed by employers for this. On an annual basis, by the end of February following a tax year end, employers in Lebanon are required to reconcile and declare income tax withheld during the tax year.

Forms R5 – Income Tax on Salaries and Wages, R6 – Individual Tax Withholding Statements and R7 – Income Tax Withholding Details for Leavers must be filed for this with the Ministry of Finance. Companies in Lebanon have now until March 31, 2022 to file these forms and pay any additional income tax due for 2021.

Mercans’ Lebanon Payroll Outsourcing Solutions

While Mercans’ Lebanon Payroll Outsourcing alerts will allow you to stay on top the latest development in Lebanon’s payroll regulations, you should still get in touch with Mercans’ Lebanon payroll outsourcing, compliance, PEO/GEO and BPO specialists for a free consultation on setting up fully compliant payroll and HR functions. Better yet, outsource your payroll and HR activities in Lebanon to Mercans and our Lebanon payroll outsourcing experts will ensure that your employees will always be paid on time and in accordance with the Lebanon regulations.

Mercans Recommends

View PDF

Lebanon Statutory Alert Tax Filling Deadline
Size

735.54 KB

Most viewed posts

View all posts

Avasant Selects Mercans as a Leader in Payroll Business Process Tra...

The meticulous research methodology employed by Avasant included analyzing publicly available information like SEC filings, annual reports, and executive interviews, along with engaging in discussions and market interactions.

Dec 22, 2023 4 min read

Global BPO Leader Infosys Selects Mercans’ Payroll Tech to Power i...

This partnership brings together Mercans' disruptive payroll tech and Infosys' consulting and BPO capabilities to create the most tech advanced and operationally resilient global payroll offering.

Sep 26, 2023 3 min read

Mercans: A Leader in Global Managed Payroll – ISG Provider Lens™ 2023

Payroll solutions and services study meticulously assessed 36 vendors across three distinct quadrants, and Mercans proudly emerged as a frontrunner.

Nov 9, 2023 2 min read