Sage Payroll Professional

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 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…

The Zimbabwean Minister of Finance and Economic Development has reviewed local currency employment tax bands and tax rates with effect from 01 August 2023. Click here to view the notice. This annual tax table is already pro-rated for 5 months. These…

The Zimbabwe Revenue Authority(ZIMRA) has released the new tax tables effective 1 August 2022. PAYE Tax Tables Click on the documents below to download the tax tables for the local(RTGS/ZWL) and foreign currency(USD) from ZIMRA. Zimbabwe ZWL Aug…

The Zimbabwe Revenue Authority has released a Public Notice with a summary of tax changes that are applicable from 01 January 2022. In addition to the change in tax tables, the following has changed: Tax Tables As per the previous communication…

Click here to access Zimbabwe’s Finance (No. 2) Act of 2020, it contains tax changes which affect employment income. Summarised as follows: Tax deductions - pension The tax deduction for pension contributions and retirement annuity has increased…