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 45% on the taxable income earned from employment which was gazetted in the Finance Act (7) No. 2 of 2019 is being corrected to 40%.

The necessary legislation amending the highest rate from 45% to 40% will be promulgated in due course and will be with effect from 1 August 2019. Employers are therefore advised to effect the correct rate of 40% as shown below

Tax tables for periods 01 August 2019 to 31 December 2019

(Annual tax table is pro-rated from August to December)"

The necessary changes are being made by development and we will automatically install the new tax table to apply the new limits on available (but will confirm with all user beforehand)