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Do your employees make monthly provision for their tax on annual bonus?
If so, please check their year-to-date bonus provision before making any annual bonus payments this December.
Why is it important?
You want to establish that they haven’t under…
The Taxation Laws Amendment Act, 2020 and the Tax Administration Laws Amendment Act 2020 were published on 20 January 2021.
The document explains the most important payroll related amendments according to these Acts.
All changes are effective March…
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:
Proposed Tax Table
Two…
For assistance on how to do manual tax calculations, click on the respective links:
How to do a manual PAYE calculation
Tax and Travel Calculator 2019-2020
Which fields impact the PAYE Calculation
Tax Screen - Earnings_Ded…