Severance Payment Calculation in Ethiopia

This video will introduce and describe how severance payment and taxes are calculated in Ethiopia.
Using example, how much gross severance payment are settled and how much taxes are paid to the government are presented in excel in detail.
The thresholds for severance payment & tax brackets are also stated
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[@beletemohammed9275]

What an accountant! Proficient in using exel tool for calculating such an accounting tasks!

[@markcapa337]

Keep it

[@jemilhussienerato6705]

Thanks

[@felekechbeyene8486]

what is calculate pension & severance pay

[@paexecutive]

If i understand your question clearly , do pension differ from severance ?
offcourae, Pension is a planned benefit scheme paid after retirement age which , is 60 years in ethiopian case where as severance is payable when you left the company any time but your service year should be a minimum of 5 years in the paying organization.
If you need any further explanation, please call me with the telegram linked with this youtube channel.
Thanks for watching !

[@genetkassa5323]

እናመሰግናለን 46 ቀን እንዴት መጣ 45 እያለ

[@paexecutive]

Thanks for your comment, when we come the answer for your request , the number of days in January is 31 and in Feb 15 days totalled 46 days