Take25% of the value of your investment in the fund and pay 2.5% zakat on it. Practical example. Let's demonstrate this with a quick example. Tauseef has £4000 in the HSBC Islamic Global Equity Index Fund. All he has to do is apply 2.5% to 25% of his investment value. So he pays 2.5% of £1000. That works out to £25. Where to calculate Theseare all relatives that do not start or continue the immediate progeny of the one giving Zakat. According to all the scholars, it is valid to pay one's Zakat to any of these family members if they are eligible to take Zakat. Some scholars have even shown dislike to exclusively give Zakat to a certain family member every year. 3. 2020income tax rates. There is no personal income tax in Saudi Arabia. A flat income tax rate of 20% is applied to the tax-adjusted profit of resident non-Saudi and non-GCC individuals. Non-residents who do not have a legal registration or a permanent establishment in Saudi Arabia are subject to withholding tax on their income derived from a Hereare a few of the ways you can pay your income taxes in Malaysia: If you pay your taxes late, a penalty of 10% will be imposed on the balance of tax unpaid after the deadline of 30 April 2020. If the tax and penalty is not paid within 60 days, a further penalty of 5% will be imposed on the amount owed. .

do i pay zakat on my salary