Zimra 2016 Tax Tables PDF

ZIMBABWE REVENUE AUTHORITY
PAY AS YOU EARN ( PAYE) FOREX TABLES FOR JANUARY TO DECEMBER 2016
DAILY TABLE
Example
Rates
from
If an employee earns
to
9.84
multiply by
0%
Deduct
49.18
multiply by
20%
Deduct
1.97 The tax will be calculated thus:
$10 per day
4.43
from
9.85
to
from
49.19
to
98.36
multiply by
25%
Deduct
from
98.37
to
163.93
multiply by
30%
Deduct
from
163.94
to
327.87
multiply by
35%
Deduct
17.54 $0.03
from
327.88
to
491.80
multiply by
40%
Deduct
33.93
from
491.81
to
655.74
multiply by
45%
Deduct
58.52
from
655.75
and above
multiply by
50%
Deduct
91.31
9.34 $10 x 20% -$1.97 =
WEEKLY TABLE
0.03
Example
Rates
from
to
69.23
multiply by
0%
Deduct
from
69.24
to
346.15
multiply by
20%
Deduct
$300 per week
from
346.16
to
692.31
multiply by
25%
Deduct
31.15
from
692.32
to
1,153.85
multiply by
30%
Deduct
from
1,153.86
to
2,307.69
multiply by
35%
Deduct
123.46 $46.15 per week
from
2,307.70
to
3,461.54
multiply by
40%
Deduct
238.85
from
3,461.55
to
4,615.38
multiply by
45%
Deduct
411.92
from
4,615.39
and above
multiply by
50.0%
Deduct
642.69
65.77 $300 x 20% -$13.85 =
FORTNIGHTLY TABLE
46.15
Example
Rates
from
to
138.46
multiply by
0%
Deduct
from
138.47
to
692.31
multiply by
20%
Deduct
$1 000 per fortnight
from
692.32
to
1,384.62
multiply by
25%
Deduct
62.31
from
1,384.63
to
2,307.69
multiply by
30%
Deduct
131.54
$1 000 x 25%-62.31
from
2,307.70
to
4,615.38
multiply by
35%
Deduct
246.92
$187.69 per fortnight
from
4,615.39
to
6,923.08
multiply by
40%
Deduct
477.69
from
6,923.09
to
9,230.77
multiply by
45%
Deduct
823.85
from
9,230.78
and above
multiply by
50%
Deduct
1,285.38
MONTHLY TABLE
187.69
Example
Rates
from
to
300.00
multiply by
0%
from
300.01
to
1,500.00
multiply by
20%
Deduct
$6 000 per month
from
1,500.01
to
3,000.00
multiply by
25%
Deduct
135.00
from
3,000.01
to
5,000.00
multiply by
30%
Deduct
285.00 $6 000 x 35% -$535 =
from
5,000.01
to
10,000.00
multiply by
35%
Deduct
535.00 $1 565.00 per month
from
10,000.01
to
15,000.00
multiply by
40%
Deduct
1,035.00
from
15,000.01
to
20,000.00
multiply by
45%
Deduct
1,785.00
from
20,000.01
and above
multiply by
50%
Deduct
2,785.00
ANNUAL TABLE
1,565.00
Example 1
Rates
from
to
3,600.00
multiply by
0%
Deduct
from
3,601
to
18,000.00
multiply by
20%
Deduct
720 The tax will be calculated thus:
$150 000 per year
from
18,001
to
36,000.00
multiply by
25%
Deduct
1,620
from
36,001
to
60,000.00
multiply by
30%
Deduct
3,420 $150 000 x 40%-$12 420
from
60,001
to
120,000.00
multiply by
35%
Deduct
from
120,001
to
180,000.00
multiply by
40%
Deduct
12,420
from
180,001
to
240,000.00
multiply by
45%
Deduct
21,420
from
240,001
and above
multiply by
50%
Deduct
33,420
6,420 $47,580.00 per annum
Aids Levy is 3% of the Individuals' Tax payable
CONTACT YOUR NEAREST ZIMRA OFFICE FOR QUERIES
47,580.00

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ZIMBABWE REVENUE AUTHORITY

1.97 The tax will be calculated thus:

$10 per day

9.34 $10 x 20% -$1.97 =

13.85 The tax will be calculated thus:

$300 per week

123.46 $46.15 per week

65.77 $300 x 20% -$13.85 =

$1 000 per fortnight

$187.69 per fortnight

27.69 The tax will be calculated thus:

$6 000 per month

285.00 $6 000 x 35% -$535 =

535.00 $1 565.00 per month

60.00 The tax will be calculated thus:

720 The tax will be calculated thus:

$150 000 per year

3,420 $150 000 x 40%-$12 420

6,420 $47,580.00 per annum

Aids Levy is 3% of the Individuals' Tax payable

CONTACT YOUR NEAREST ZIMRA OFFICE FOR QUERIES

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