Sage Payroll Professional

The maximum insurable earnings for NSSA pension contributions for the month of July 2022 to September 2022 is ZWL255 675. See NSSA Notice below: Following the promulgation of SI 64 of 2022, the POBS maximum insurable earnings will now be reviewed…

We have deployed a patch file with an update on the following Africa Tax Country reports Country Report Details Eswatini Swaziland ENPF New updated version Zimbabwe Zimbabwe NSSA P4 Report Changes to existing report …

The insurable earnings for NSSA contributions for the month of April 2022 are ZWL36 406. You may refer to this knowledge base article to assist you with making the changes on the payroll. Note that this is a guideline and you should reach out to your…

The insurable earnings for NSSA contributions for the month of March 2022 are ZWL34 291. You may refer to this knowledge base article to assist you with making the changes on the payroll. Note that this is a guideline and you should reach out to your…

The insurable earnings for NSSA contributions for the month of February 2022 is ZWL31 858. You may refer to this Knowledgebase article to assist you with making the changes on the payroll. Note that this is a guideline and you should reach out to…

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…

According to the Zimbabwean Revenue Authority, separate ITF16 annual returns must be submitted for a year of assessment where different currencies were paid to employees, so as to reflect the remuneration paid in the Zimbabwean dollar(ZWL) and the US…

In June 2021, National Social Security Authority (NSSA) published a Notice on SI 169 of 2021, in which they announce the change in the Insurable Earning ceiling from ZW$5 000 to the value determined by the Poverty datum line (PDL). Customers are required…

The insurable earnings for NSSA contributions for the month of January 2022 are ZWL30 032. You may refer to this knowledge base article to assist you with making the changes on the payroll. Note that this is a guideline and you should reach out to…

Zimbabwe’s Finance (No. 7) Act of 2021 , contains the following changes that affect payroll processing: Tax tables - See Section 6 The tax tables for the various tax periods in both the local(RTGS/ZWL) and foreign currency(USD). Effective 1…

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…

The insurable earnings for NSSA contributions for the month of October 2021 are ZWL24 951. As published on the banner of the NSSA website . You may refer to this knowledge base article to assist you with making the changes on the payroll. Note that…

The insurable earning for NSSA contributions for the month of September 2021 is ZWL23 813. As published on the banner of the NSSA website . This is not a change in the tax file, each customer will have to update their NSSA Method of calculation to…

The published insurable earnings for NSSA contributions for the month of August 2021 is ZWL22 973. This is not a change in the tax file, each customer will have to update their NSSA Method of calculation to apply the change. Users might be required…

The Statutory Instrument (SI) 169 of 2021 , pertaining to contribution rates to the National Social Security Authority’s (NSSA) Pension was promulgated with changes that are effective 01 June 2021. 1. Insurable earnings ceiling (SI 393/93 Section 11…

When you launch your system the first time as from 20 January 2021, you will be prompted to update all your payroll companies to Release 5.5b. Take note of the important notice on the subscription landing page: Please Note: Please clear your browser…

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…

The Zimbabwe Revenue Authority(ZIMRA) has issued tax tables for the 2021 tax year. Effective date is 1 January 2021. See below, the tax tables for the various tax periods in both the local (RTGS/ZWL) and foreign currency (USD). RTGS Annual tax…

Click here to view the Sage Business Cloud Payroll Professional Newsflash for December 2020

The Finance minister of Zimbabwe announced the 2021 Budget. Please click here for the 2021 National Budget Statement. Below are the key highlights under Personal Income Tax: Effective 1 November 2020 The tax-free bonus has increased from ZWL5…

When you launch your system the first time as from 4 September 2020, you will be prompted to update all your payroll companies to Release 5.5a. Take note of the important notice on the subscription landing page: You will have the option to Update…

The Finance Act No 3 of 2019 included the following Tax Credit Changes. To view this document, please click here . The following tax credit limits were increased from ZWL7 200 to ZWL9 000 : Blind person’s credit Mentally or physically disabled…

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…

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…

Click here to view the Statutory Instrument 108 of 2020 dated 15 May 2020 which reviews the National Social Security Authority (NSSA) contribution rates and maximum pensionable salary. For more information on the notice sent to all employers, please…