• Zambia: Tax changes for 2021

    According to the Income Tax (Amendment) Act No 20 of 2020 , the following are the tax changes which affect the PAYE: Disability tax credit – Section 15(a) The new tax credit for differently abled persons is K6 000, K500 per month. Tax table…
  • ZAMBIA - National Pension Scheme (NAPSA) ceiling for 2021

    As from 1 January 2021, the new NAPSA earnings ceiling is K23 188 per month. The maximum an employee or employer will contribute per month at 5% is K1 159.40 . The total maximum contribution by both the employee and employer for 2021 is K2 318.80. …