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 tax file was deployed on 18 January 2024 - click on the link below for more information:
- All Zimbabwe customers must rollover from December 2023 to January 2024
- During this process, the 2023 Tax Year-end instance will be created
- If you do not complete the rollover from December 2023 to January 2024, your December values will recalculate according to the new rates, which will require manual intervention.