Zimbabwe - Tax Table change and additional changes

Please note that ZIMRA confirmed that the last tax bracket must be 45%. They have corrected the tables. Please see attached and below.

The last bracket was 40%, but it must be 45%.

 

The changes are implemented in Release 5.3a that is currently available on our website. 

If the system makes use of the Annual table the tax will recalculate. 

Click here for additional tax changes also implemented in Release 5.3a.

If you have any further questions, please contact [email protected]