• Software update: Release 5.5b released on 19 January 2021

    When you launch your system the first time as from 20 January 2021, you will be prompted to update all your payroll companies to Release 5.5b.

    Take note of the important notice on the subscription landing page:

    Please Note: Please clear your browser cache…

  • Zimbabwe: Tax changes - 2021

    Click here to access Zimbabwe’s Finance (No. 2) Act of 2020, it contains tax changes which affect employment income. Summarised as follows:

     

    1. Tax deductions - pension

    The tax deduction for pension contributions and retirement annuity has increased…

  • Zimbabwe: New tax tables 2021

    The Zimbabwe Revenue Authority(ZIMRA) has issued tax tables for the 2021 tax year.

    Effective date is 1 January 2021.

    See below, the tax tables for the various tax periods in both the local (RTGS/ZWL) and foreign currency (USD).

     

    RTGS Annual tax table…

  • Sage Business Cloud Payroll Professional Support Newsflash December 2020

    Click here to view the Sage Business Cloud Payroll Professional Newsflash for December 2020

  • Zimbabwe: Budget speech 2021

    The Finance minister of Zimbabwe announced the 2021 Budget. Please click here for the 2021 National Budget Statement.

    Below are the key highlights under Personal Income Tax:

    Effective 1 November 2020

    The tax-free bonus has increased from ZWL5 000 to

  • Sage Business Cloud Payroll Professional Support Newsflash September 2020

    Click here to view the Sage Business Cloud Payroll Professional Newsflash for September 2020.

  • Software update: Release 5.5a released on 4 September 2020

    When you launch your system the first time as from 4 September 2020, you will be prompted to update all your payroll companies to Release 5.5a.

    Take note of the important notice on the subscription landing page:

    You will have the option to Update Now (which…

  • Zimbabwe: Tax Credit Limit changes – Effective 1 January 2020

    The Finance Act No 3 of 2019 included the following Tax Credit Changes. To view this document, please click here.

    The following tax credit limits were increased from ZWL7 200 to ZWL9 000:

    • Blind person’s credit
    • Mentally or physically disabled person…
  • Zimbabwe: New Tax Rates – Effective 1 August 2020

    The Zimbabwe Revenue Authority (ZIMRA) has issued tax tables which is effective from 1 August 2020.

    Below is the new full annual tax table for 12 months:

    Click on the below links to view the Tax tables for both the local ZWL and the USD currency. Note…

  • Zimbabwe: Proposed Tax changes

    Proposed changes, that will affect the PAYE tax, have been announced but not yet promulgated.

    Click here to view the Zimbabwe Mid-term Budget & Economic Review Statement.

    These proposed changes include the following:

    1. Proposed Tax Table
    2. Two Tax years…
  • Sage Business Cloud Payroll Professional Support Newsflash July 2020

    Click here to view the Sage Business Cloud Payroll Professional Support Newsflash for July 2020.

  • Sage Business Cloud Payroll Professional Support Newsflash June 2020

    Click here to view the Sage Business Cloud Payroll Professional Newsflash for June 2020.

  • Zimbabwe: Change in NSSA limit and contribution – effective 1 June 2020

    Click here to view the Statutory Instrument 108 of 2020 dated 15 May 2020 which reviews the National Social Security Authority (NSSA) contribution rates and maximum pensionable salary.

    For more information on the notice sent to all employers, please

  • Software update: Release 5.4a released on 06 March 2020

    When you launch you system the first time as from 06 March 2020, you will be prompted to update all your payroll companies to Release 5.4a.

    Take note of the important notice on the subscription landing page

    You will have the option to Update Now (which…

  • Zimbabwe: Submission of two separate Annual returns (ITF16)

    Please take note of the following due to the previous release of new tax tables, effective 1 August 2019, for the 2019 Tax year:

    The Zimbabwe Revenue Authority(ZIMRA) has confirmed that employers should submit two separate ITF16 Annual Returns for the…

  • Zimbabwe: Correction of August to December tax tables (Highest marginal rate change from 45% to 40%)

    Based on the information confirmed with ZIMRa (Zimbabwe Revenue Authority), the highest tax rate is 45% and is currnetly implemented on Release 5.3a.

    According to the latest information released on 20 September 2019 by ZIMRA:

    "The highest tax rate of…

  • Software update: Release 5.3a released on 11 September 2019

    When you launch you system the first time as from 11/09/2019, you will be prompted to update all your payroll companies to Release 5.3a.

    Take note of the important notice on the subscription landing page:

    The process will convert all payroll data to the…