The Income tax rates and personal allowances in Zambia are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Zambia Tax Calculator 2020.
Tax Rate | Taxable Income Threshold | ||
---|---|---|---|
0% | Income from ZMW 0.000.00 | to | ZMW 39,600.00 |
25% | Income from ZMW 39,600.01 | to | ZMW 49,200.00 |
30% | Income from ZMW 49,200.01 | to | ZMW 74,400.00 |
37.5% | Income from ZMW 74,400.01 | and above |
Tax Rate | Taxable Income Threshold | ||
---|---|---|---|
0% | Income from ZMW 0.000.00 | to | ZMW 39,600.00 |
25% | Income from ZMW 39,600.01 | to | ZMW 49,200.00 |
30% | Income from ZMW 49,200.01 | to | ZMW 74,400.00 |
37.5% | Income from ZMW 74,400.01 | and above |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Zambia periodically and typically updated each year. Not that not all tax rates and thresholds in Zambia change annually, alterations to tax policy to support strategic economic growth in Zambia mean that the certain areas may be focused on to provide specific tax relief in Zambia or support growth in certain areas (overseas invstment in Zambia for example may mean reduced non-resident income tax rates in Zambia for a period).
When tax policy in Zambia changes, the resultant tax tables also change. Tax tables in Zambia are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Zambia, the Zambia tax tables also include specific notes and guidance on the validity of scenarios (for example, qualifying criterea for specific tax relief / allowances) and notes of the calculation of phaseout of specific tax elements within each taxation group (dividends and corporation tax thresholds in Zambia for example).
Zambia Tax Tables may also be referred to as Zambia Tax Slabs, Zambia personal allowances and tax thresholds or Zambia business tax rates. They all refer to the tax tables, whether in whole or as specific sections/categories of the tax tables therein. In the section, we publish all 2020 tax rates and thresholds used within the 2020 Zambia Salary Calculator. This means that if you are aware of a 2020 tax exemption or 2020 tax allowance in Zambia that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Zambia Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Zambia Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Zambia simple, we achieve this my making the Zambia tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2020 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2020 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Zambia income tax rates and personal allowances used in the associated income tax calculator for the same tax year.