X3 HR & Payroll - Zambia Statutory Changes - January 2022

Good day everyone

According to the Zambia Income Tax (Amendment) Act No 43 of 2021, the following tax changes will affect the PAYE:

  1. Tax table – Section 15(b) 

Annual tax tables for 2022 tax year 

From (K)

To (K)

Rate

0,00

54 000,00

0%

54 000,01

57 600,00

25%

57 600,01

82 800,00

30%

Above 82 800

37.5%

  1. National Pension Scheme (NAPSA) ceiling for 2022 change 

As from 1 January 2022, the new NAPSA earnings ceiling is K24 436 per month.

The maximum an employee or employer will contribute per month at 5% is K1 221,80. The total maximum contribution by both the employee and employer for 2022 is K2 443,60.

The contribution rate remains unchanged at 10% of the employee’s monthly gross earnings subject to the statutory contribution ceiling above.

 

The effective date for the above changes is 1 January 2022.

Attached is the following: 

Version 9:

  • Pay Plan Patch - W_HR008_ZMBV9.zip
  • Sage XRHRP – Zambia V9 – Statutory Updates – January 2022.pdf

Version 12:

  • Pay Plan Patch - W_ZMB007_2022R2.zip
  • Sage XRHRP – Zambia V12 – Statutory Updates – January 2022.pdf

Please make sure to read through the documents before implementing the patches.