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Zimbabwe tax files – Bonus exemption

New tax files have been deployed for Non-RSA payroll users.

Take note of the Information Bar on the Launch page:

The Minister of Finance and Economic Development recently presented the 2022 National Budget Speech.

Bonus exemption

The tax-free bonus has increased from ZWL25 000 to ZWL100 000(from USD320 to USD700)

Effective 1 November 2021

To find out more about the changes made and more, please click on the What's New button, from the Quick Links menu, on the Launch Page on Payroll.

Frequently asked questions:

1. Has the bonus exemption been gazetted?

The bonus exemption changes are only a proposal and have not yet been officially gazetted.

2. Is the Bonus exemption an annual limit?

The Bonus Exemption is an annual limit, and the budget proposal indicates that the new limit is effective 1 November 2021.

3. Are there any changes that I should make on my payroll?

No action is required as this is the default system calculation.