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…
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…
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…
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…
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.…
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.…
The new PAYE report for 2024 has temporary been withdrawn.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…
The new PAYE report for 2024 has temporary been withdrawn.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…
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…
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…
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.…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…