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Tag: Zimbabwe Revenue Authority (ZIMRA) Commissioner General Ruth Chinamasa

Posted inNews

Treasury raises tax free threshold from ZWL$91 666 to ZWL$550 000

by Staff Reporter 10th August 202310th August 2023

By Promise Dube The Treasury has raised the tax-free threshold from ZWL$91 666 to ZWL$550 000 with effect from August 1, 2023, to provide relief to taxpayers while the highest tax rate of 40 percent will apply to those earning ZWL$15 million upwards. Some have praised the move saying it is welcomed because it leaves […]

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