Cameroon

updated:2020-08-03    

 

SSCs: 


Spreading the payment of the social security contributions for the second quarter over three instalments and canceling late fees.


Continued payment of family allowances from May to July to staff of companies which are unable to pay social security contributions or which have placed their staff on technical leave due to the crisis;


Income Tax:


Full income tax deductibility of donations and gifts made by companies for the fight against Covid-19.


Exemptions from the tourist tax in the hotel and catering sectors for the rest of the 2020 financial year.

 

Exemption from the withholding tax for taxis and motorbikes and petty traders for the second quarter.

 

 

VAT:

 

the allocation of a special envelope of CFAF 25 billion for the expedited clearance of VAT credits awaiting reimbursement.


Other:


Three-month suspension of the payment of parking and demurrage charges in the Douala and Kribi ports for essential goods.


The postponement of the deadline to pay land taxes for the 2020 financial year, to 30 September 2020.



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