Budget Highlights
- Tax-Free Threshold: The new tax-free threshold is set at ZWL 2,800 per month.
- Takeaway Food Tax: Introduction of a new tax on takeaway food.
- Sports Betting Winners Tax: A tax on winnings from sports betting.
- Streamlining Tax Expenditures: Focus on further streamlining tax expenditures, particularly for the extractive sectors, to ensure a fair share of the country's finite resources and enhance optimal contribution to the fiscus.
- Tax Reforms: Emphasis on compliance, reducing leakages, and broadening the tax base.
These measures aim to enhance revenue collection and ensure a fair contribution from various sectors to the national fiscus.