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In the recent Budget Speech held by the Minister of Finance, a few tax changes were proposed. To refer to a previous post on Sage City regarding these proposed changes, please click here . Click here to view The Finance Act 2020, confirming the tax…

The income threshold on which tax is payable by employees and sole traders has been adjusted, following the enactment of the Finance Act 2020. Below is the new tax tables for the 2020 tax year, effective 1 January 2020: In addition to the above…

Click here to view The Finance (No. 3) Act, 2019 and refer to the Amendments to the Income Tax Act and the Third Schedule. Click here to view the latest Income Tax rates in both the local ZWL and the USD currency. Other changes to the Income Tax Act…