ZWS ISO 9001:2008 QUALITY MANAGEMENT SYSTEM

ZIMBABWE REVENUE AUTHORITY

PAY AS YOU EARN ( PAYE) TABLES FOR JANUARY TO DECEMBER 2020

DAILY TABLE Example

Rates If an employee earns
from - to 65.57 multiply by 0% Deduct - $200 per day
from 65.58 to 245.90 multiply by 20% Deduct 13.11 The tax will be calculated thus:
from 245.91 to 491.80 multiply by 25% Deduct 25.41
from 491.81 to 983.61 multiply by 30% Deduct 50.00 $200 x 20% -$13.11 =
from 983.62 to 1,639.34 multiply by 35% Deduct 99.18 $26.89
from 1,639.35 and above multiply by 40% Deduct 181.15
WEEKLY TABLE Example
Rates If an employee earns
from - to 461.54 multiply by 0% Deduct - $1500 per week
from 461.55 to 1,730.77 multiply by 20% Deduct 92.31 The tax will be calculated thus:
from 1,730.78 to 3,461.54 multiply by 25% Deduct 178.85
from 3,461.55 to 6,923.08 multiply by 30% Deduct 351.92 $1500 x 20% -$92.31 =
from 6,923.09 to 11,538.46 multiply by 35% Deduct 698.08 $207.69 per week
from 11,538.47 and above multiply by 40% Deduct 1,275.00
FORTNIGHTLY TABLE Example
Rates If an employee earns
from - to 923.08 multiply by 0% Deduct - $5 800 per fortnight
from 923.09 to 3,461.54 multiply by 20% Deduct 184.62 The tax will be calculated thus:
from 3,461.55 to 6,923.08 multiply by 25% Deduct 357.69
from 6,923.09 to 13,846.15 multiply by 30% Deduct 703.85 $5 800 x 25%-$357.69
from 13,846.16 to 23,076.92 multiply by 35% Deduct 1,396.15 $1,092.31 per fortnight
from 23,076.93 and above multiply by 40% Deduct 2,550.00
MONTHLY TABLE Example
Rates If an employee earns
from - to 2,000.00 multiply by 0% - $18 200 per month
from 2,000.01 to 7,500.00 multiply by 20% Deduct 400.00 The tax will be calculated thus:
from 7,500.01 to 15,000.00 multiply by 25% Deduct 775.00
from 15,000.01 to 30,000.00 multiply by 30% Deduct 1,525.00 $18 200 x 30% - $1,525.00 =
from 30,000.01 to 50,000.00 multiply by 35% Deduct 3,025.00 $3.935.00 per month
from 50,000.01 and above multiply by 40% Deduct 5,525.00
ANNUAL TABLE Example
Rates If an employee earns
from 0 to 24,000.00 multiply by 0% Deduct - $500 000 per year
from 24,001 to 90,000.00 multiply by 20% Deduct 4,800 The tax will be calculated thus:
from 90,001 to 180,000.00 multiply by 25% Deduct 9,300
from 180,001 to 360,000.00 multiply by 30% Deduct 18,300 $500 000 x 35%-$36 300
from 360,001 to 600,000.00 multiply by 35% Deduct 36,300 $138,700.00 per annum
from 600,001 and above multiply by 40% Deduct 66,300

Aids Levy is 3% of the Individuals' Tax payable

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TAX TABLES Research Development Issue No.1 Version: 1 Issue Date: 22/12/2017