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A special Defence Contribution is levied on all income at the rate of 3% except in the case of income of self employed individuals, wages, salaries, remuneration from an office and pensions where the rate is 2%.
The Defence Contribution is deducted at source by the payer as regards wages, salaries, remuneration from an office, pensions, dividends and interest. Employers are required to contribute from their own funds a sum equal to the contribution of their employees.
This information was correct as of 12 February 1997.
The contents of this article are intended to provide a general guide to the subject matter. Specialist advice should be obtained before any action is taken.
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