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 amounts apply to August 2023 to December 2023.
The tax tables can be viewed on the Zimbabwe Revenue Authority (ZIMRA) website: https://www.zimra.co.zw/domestic-taxes/tax-tables
The USD tax tables remain unchanged and no other tax changes were announced.
Take note: Our Sage development teams are currently busy with the necessary tax file changes, and the release of the updated tax files will be posted here on Sage City.
Update: 17 August 2023