- Currently based on the source of income, not residency.
- Income derived from sources within Zimbabwe is subject to tax.
- Certain types of income, like interest and dividends earned outside Zimbabwe, may still be taxed if the recipient is a Zimbabwean tax resident.
In Zimbabwean Dollars (ZWL)
- 0 to 300,000 ZWL: 0%
- -300,001 to 720,000 ZWL: 20%
- 720,001 to 1,440,000 ZWL: 25%
- -1,440,001 to 2,880,000 ZWL: 30%
- -2,880,001 to 6,000,000 ZWL: 35%
- Above 6,000,000 ZWL: 40%
In US Dollars (USD)
- 0 to 1,200 USD: 0%
- 1,201 to 3,600 USD: 20%
- 3,601 to 12,000 USD: 25%
- 12,001 to 24,000 USD: 30%
- 24,001 to 36,000 USD: 35%
- Above 36,000 USD: 40%
Other Income
- Business and rental income are taxed at the corporate rate of 25%.
AIDS Levy
- A 3% AIDS levy is added to the total tax liability, making the effective rate for employment income 41.20% and for other income 25.75%.