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Zimbabwe launched a new gold-backed currency called The Zimbabwe Gold (ZiG) to replace the inflation-hit Zimbabwean Dollar (ZWL) on 5 April 2024. See related post: Zimbabwe Currency Change - Zimbabwean Dollar (ZWL) replaced with The Zimbabwe Gold…

The minister of finance of Zimbabwe has delivered the 2023/2024 budget speech on 30 November 2023. The following changes have been proposed during the budget speech: Bonus exemption: The tax-free ZWL bonus threshold is increased from ZWL500 000…

The Zimbabwean Minister of Finance and Economic Development has reviewed local currency employment tax bands and tax rates with effect from 01 August 2023. See our original post: Zimbabwe: Tax changes effective August 2023 (local currency) Please…

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 new Tax File (Version 202205) for Zimbabwe is now available on the Software Downloads page and Sage Portal for Sage VIP Premier. Zimbabwe’s Finance (No. 8) Act of 2022, it contains the following changes that affect payroll processing: 4774.Act…

The Zimbabwe Revenue Authority(ZIMRA) has released the new tax tables effective 1 August 2022. PAYE Tax Tables Click on the documents below to download the tax tables for the local(RTGS/ZWL) and foreign currency(USD) from ZIMRA. Zimbabwe ZWL Aug…

Tax tables for Kenya, Zambia and Zimbabwe are now available on the downloads page. Before installing the software, take note of the following: Your payroll software must be on Release 5.5a which is available on the customer zone. Click…

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…

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…

The 2020 tax files for Zimbabwe was initially released on 20 January 2020. Click here to see original post. Effective 1 January 2020 the following changes should be made in addition to the original changes: The tax deduction for pension contributions…

In a previous article, ZIMRA (Zimbabwe Revenue Authority) confirmed that the higest marginal rate should be 45%. Click here to view previous post According to the latest information released on 20 September 2019 by ZIMRA: "The highest tax rate of…