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The Zimbabwe Revenue Authority(ZIMRA) has released the new tax tables effective 1 January 2024.
The following is a summary of the proposed tax changes which will affect the payroll:
New Annual Tax Table:
This is effective from 1 January 2024.…
The new tax file for Zimbabwe which is effective from 1 August 2023, is now available on the Sage Portal .
Take note, that you must review and complete the preparation steps before installing the tax files, as the tax changes are effective from 1 August…
The Zimbabwean Minister of Finance and Economic Development has reviewed local currency employment tax bands and tax rates with effect from 01 August 2023.
Click here to view the notice.
This annual tax table is already pro-rated for 5 months. These…
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…
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…