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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 that the ZIMRA annual tax tables are already pro-rated for 5 months.

Tax tables in Local ZWL currency

Tax tables USD Currency

Please note that your current tax year will have to be split into two:

  • 1 January 2020 to 31 July 2020
  • 1 August 2020 to 31 December 2020

 

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Update 2020/08/26

Also included in the Tax files are the following tax credit limits that were increased from ZWL7 200 to ZWL9 000:

  • Blind person’s credit
  • Mentally or physically disabled person credit
  • Credit for taxpayers over 55 years of age

Please click here for more information on these Tax credit limits.

Please refer to “What’s new” on your subscription Landing page for more details.