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  • Zimbabwe Currency Change - Zimbabwean Dollar(ZWL) replaced with The Zimbabwe Gold (ZiG)

    On Friday, 05 April 2024, Zimbabwe launched a new gold-backed currency called The Zimbabwe Gold (ZiG) to replace the inflation-hit Zimbabwean Dollar (ZWL). The ZiG is backed by Zimbabwe’s gold reserves, and it is effective 05 April 2024. Zimbabweans…
  • Zimbabwe Currency Change - Zimbabwean Dollar(ZWL) replaced with The Zimbabwe Gold (ZiG)

    On Friday, 05 April 2024, Zimbabwe launched a new gold-backed currency called The Zimbabwe Gold (ZiG) to replace the inflation-hit Zimbabwean Dollar (ZWL). The ZiG is backed by Zimbabwe’s gold reserves, and it is effective 05 April 2024. Zimbabweans…
  • Zimbabwe: NSSA Insurable Earnings Ceiling - April 2024 to June 2024

    The maximum insurable earnings for NSSA pension contributions for the months of April 2024 to June 2024 is ZWL12 520 686 per month. Please view the NSSA Schedule of Insurable Earning here . Following the promulgation of SI 64 of 2022, the POBS maximum…
  • Zimbabwe: NSSA Insurable Earnings Ceiling - April 2024 to June 2024

    The maximum insurable earnings for NSSA pension contributions for the months of April 2024 to June 2024 is ZWL12 520 686 per month. Please view the NSSA Schedule of Insurable Earning here . Following the promulgation of SI 64 of 2022, the POBS maximum…
  • Zimbabwe: Temporary Withdrawal of New PAYE Return

    In a previous post on our Community Hub, details were announced of the new PAYE report for the 2024 tax year: Zimbabwe: New PAYE return from the 2024 tax year On 24 February 2024, the Zimbabwe Revenue Authority (ZIMRA) published Public Notice No.…
  • Zimbabwe: Temporary Withdrawal of New PAYE Return

    In a previous post on our Community Hub, details were announced of the new PAYE report for the 2024 tax year: Zimbabwe: New PAYE return from the 2024 tax year On 24 February 2024, the Zimbabwe Revenue Authority (ZIMRA) published Public Notice No.…
  • Zimbabwe: New PAYE return from the 2024 tax year

    The new PAYE report for 2024 has temporary been withdrawn. Read more: Zimbabwe: Temporary Withdrawal of New PAYE Return Original post On 6 February 2024, the Zimbabwe Revenue Authority (ZIMRA) published Public Notice No. 12 of 2024. The notice…
  • Zimbabwe: New PAYE return from the 2024 tax year

    The new PAYE report for 2024 has temporary been withdrawn. Read more: Zimbabwe: Temporary Withdrawal of New PAYE Return Original post: On 6 February 2024, the Zimbabwe Revenue Authority (ZIMRA) published Public Notice No. 12 of 2024. The notice…
  • New Tax File | Angola, Zambia and Zimbabwe: New tax file Version 202401 now available for download on Release 6.1b - changes effective 1 January 2024 (Sage VIP Premier only)

    The new tax file including the new tax tables and changes for Angola, Zambia and Zimbabwe, which is effective from 1 January 2024, is now available on the Sage Portal . Take note, that you must complete your Tax Year-end Copy System in December 2023…
  • Patch deployed | Sage Business Cloud Payroll Professional Release 6.1b - Angola, Zambia and Zimbabwe Tax Files effective 1 January 2024

    A patch file has been deployed for Sage Business Cloud Payroll Professional Release 6.1b on 18 on January 2024. The following message will display on the Payroll Subscription screen: What is included in the patch file? The patch file includes…
  • Zimbabwe: New Tax tables effective 1 January 2024

    The Zimbabwe Revenue Authority(ZIMRA) has released the new tax tables effective 1 January 2024. The following is a summary of the proposed tax changes which will affect the payroll: New Annual Tax Table: This is effective from 1 January 2024.…
  • Zimbabwe: New Tax tables effective 1 January 2024

    The Zimbabwe Revenue Authority(ZIMRA) has released the new tax tables effective 1 January 2024. The following is a summary of the proposed tax changes which will affect the payroll: New Annual Tax Table: This is effective from 1 January 2024.…
  • Zimbabwe: NSSA Insurable Earnings Ceiling - January to March 2024

    The maximum insurable earnings for NSSA pension contributions for the months of January 2024 to March 2024 is ZWL2 414 896 per month. Please view the NSSA Schedule of Insurable Earning here . Following the promulgation of SI 64 of 2022, the POBS maximum…
  • Zimbabwe: NSSA Insurable Earnings Ceiling - January to March 2024

    The maximum insurable earnings for NSSA pension contributions for the months of January 2024 to March 2024 is ZWL2 414 896 per month. Please view the NSSA Schedule of Insurable Earning here . Following the promulgation of SI 64 of 2022, the POBS maximum…
  • Zimbabwe: New Tax File available for download on Release 6.1b - changes effective November 2023 (Sage VIP Premier only)

    The new tax file for Zimbabwe which is effective from 1 November 2023, is now available on the Sage Portal . Take note, that you must review and complete the preparation steps before installing the tax files, as the tax changes are effective from 1…
  • Patch deployed | Sage Business Cloud Payroll Professional Release 6.1b - Zimbabwe Tax File

    A patch file has been deployed for Sage Business Cloud Payroll Professional Release 6.0b on 26 June 2023. The following message will display on the Payroll Subscription screen: What is included in the patch file? The patch file includes: Africa…
  • Zimbabwe: Bonus Exemption increase from 1 November 2023 and Proposed Tax Changes for 2024

    The minister of finance of Zimbabwe has delivered the 2023/2024 budget speech on 30 November 2023. The following changes have been proposed during the budget speech: Bonus exemption: The tax-free ZWL bonus threshold is increased from ZWL500 000…
  • Zimbabwe: Bonus Exemption increase from 1 November 2023 and Proposed Tax Changes for 2024

    The minister of finance of Zimbabwe has delivered the 2023/2024 budget speech on 30 November 2023. The following changes have been proposed during the budget speech: Bonus exemption: The tax-free ZWL bonus threshold is increased from ZWL500 000…
  • Zimbabwe: NSSA Insurable Earnings Ceiling - October 2023 to December 2023

    The maximum insurable earnings for NSSA pension contributions for the months of October 2023 to December 2023 is ZWL 2 414 896.00 per month. Please view the NSSA Schedule of Insurable Earning here . Following the promulgation of SI 64 of 2022, the…
  • Zimbabwe: NSSA Insurable Earnings Ceiling - October 2023 to December 2023

    The maximum insurable earnings for NSSA pension contributions for the months of October 2023 to December 2023 is ZWL 2 414 896.00 per month. Please view the NSSA Schedule of Insurable Earning here . Following the promulgation of SI 64 of 2022, the…
  • Support Newsflash August 2023

    Click here to view the August 2023 newsflash. What if I did not receive my newsflash via email? You can log into the Sage Portal to confirm that your email address is correct Click here to submit your details to Sage Customer Support, and we will…
  • Support Newsflash August 2023

    Click here to view the August 2023 newsflash. What if I did not receive my newsflash via email? You can log into the Sage Portal to confirm that your email address is correct Click here to submit your details to Sage Customer Support, and we will…
  • Zimbabwe: New Tax File available for download on Release 6.0b - changes effective August 2023

    The new tax file for Zimbabwe which is effective from 1 August 2023, is now available on the Sage Portal . Take note, that you must review and complete the preparation steps before installing the tax files, as the tax changes are effective from 1 August…
  • Zimbabwe: New Tax File deployed for Release 6.0c - changes effective August 2023

    The new tax file for Zimbabwe which is effective from 1 August 2023, was deployed on 16 August 2023 at 20:00. All Zimbabwe Users were emailed on 14 August 2023 to review and complete the preparation steps before the deployment of the new the tax…
  • Important notice: Zimbabwe Tax Tables effective 1 August to 31 December 2023 - Preparation for tax file to be released on 17 August 2023

    The Zimbabwean Minister of Finance and Economic Development has reviewed local currency employment tax bands and tax rates with effect from 01 August 2023. See our original post: Zimbabwe: Tax changes effective August 2023 (local currency) Please…