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Zimbabwe: New Tax Rates – Effective 1 August 2022

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.

 ZWL/RTGS Annual tax table. Effective 1 August 2022.

 

This annual tax table is already pro-rated. These amounts apply to August 2022 to December 2022.

 The USD tax tables remain unchanged. 

Bonus Tax Free Threshold

The Finance Act is not yet available. We will confirm the change in the tax free threshold as soon as we are in possession of the amended Act.

Updated tax files are available to download:

Please review the important additional Information documentation on preparation and installation of the tax files.

Take note: Since the tax tables are on applicable from August, the employee records will need to be transferred in August 2022 to a new company without year-to-date information.

Should you require assistance with this change, please book a consultation with your Partner consultant for assistance.

Frequently asked questions

Q: How do I download the tax files from the Sage Portal?

Click here to access the Software Downloads page and follow the instructions below:

  • Select the Africa tab

            

  • Click here to download the installation instructions
  • Click on the Download button next to Zimbabwe Tax changes for Premier: R58a (August 2022) and follow the installation instructions
  • The tax file, including additional information document, will be downloaded to your computer

Q How do I download the tax files from the Software Downloads page?

Click here to access the Sage Portal and follow the instructions below:

  • Log into the Sage Portal with you Site Code, email address and password
  • Select Product Update form the menu options and select your payroll system (Premier)
  • Locate and click on the Release 5.8a software update page 
  • Scroll to the Africa Tax Files and Reports section and locate the Zimbabwe tax files for August 2022 to December 2022
    • Click on Installation Notes for more information on how to download and extract the files to your payroll
    • Click on Download Additional Notes for more information on this tax file download
    • Click on Download to save the tax file to your computer

Q: How do I install the tax files on my payroll application?

  • Before installation of the tax files, please review the important additional Information documentation with preparation steps, before you extract the tax files.
  • Click here for a guide to follow on how to extract and install the tax file, once preparations have been completed

Q: Why must I transfer employees without year-to-date information to a new company?

  • The tax rates are only applicable from August 2022
  • Only one tax rate can be applied on an employee tax record
  • A new company must be created in August 2022, to transfer the employee records to be taxed on the new tax rates.
  • The transfer of employees will finalise the employee record on the previous tax rates
  • The new record, after transfer, will be taxed on the new tax rates
  • The transfer must be done only when you are in August in both current and new company created

Q: How do I transfer employees without year-to-date information?

Follow the steps on the following article to transfer employees without year-to-date information