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ZW Tax 2020

Zimbabwe Tax Tables 2020 - Tax Rates and Thresholds in Zimbabwe

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This page contains the tax table information used for the calculation of tax and payroll deductions in Zimbabwe in 2020. These tax tables are used for the tax and payroll calculators published on iCalculator™ ZW, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Zimbabwe or would like to add to or suggest amendments to the information herein then please contact us.

Zimbabwe Personal Income Tax Tables in 2020

The Income tax rates and personal allowances in Zimbabwe 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 Zimbabwe Tax Calculator 2020.

Zimbabwe Residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
0%Income from Z$ 0.000.00to Z$ 42,000.00
20%Income from Z$ 42,000.01 to Z$ 180,000.00
25%Income from Z$ 180,000.01 to Z$ 600,000.00
30%Income from Z$ 600,000.01 to Z$ 1,200,000.00
35%Income from Z$ 1,200,000.01 to Z$ 1,800,000.00
40%Income from Z$ 1,800,000.01 to Z$ 2,400,000.00
45%Income from Z$ 2,400,000.01 and above
Zimbabwe Non-residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
0%Income from Z$ 0.000.00to Z$ 42,000.00
20%Income from Z$ 42,000.01 to Z$ 180,000.00
25%Income from Z$ 180,000.01 to Z$ 600,000.00
30%Income from Z$ 600,000.01 to Z$ 1,200,000.00
35%Income from Z$ 1,200,000.01 to Z$ 1,800,000.00
40%Income from Z$ 1,800,000.01 to Z$ 2,400,000.00
45%Income from Z$ 2,400,000.01 and above

In Zimbabwe, social security deductions made by employees to the National Social Security Authority (NSSA) are deductible for the purpose of calculating taxable income. This means that the amounts contributed by employees towards NSSA can be subtracted from their gross income before income tax is calculated. This provision helps to reduce the taxable income of individuals, thereby lowering their overall income tax liability and ensuring that their contributions to social security do not unduly burden their finances.

Zimbabwe Social Security and Payroll Deduction Rates in 2020

In Zimbabwe, social security and payroll deductions form an integral part of the employment and social welfare system, aiming to provide support and protection to workers and their families in various circumstances. Managed by the government and various statutory bodies, these contributions fund retirement benefits, healthcare, and workers’ compensation, among other things. Below is an overview of the key components of Zimbabwe’s social security system and the purpose of each.

Zimbabwe Social Security in 2020: Rates for Employers and Employees
CategoryEmployeeEmployerTotal
Pension & Other Benefits4.5%4.5%9%
Zimbabwe Social Security and Payroll Deduction in 2020: Earnings Thresholds for Employers and Employees
CategoryEmployeeEmployer
Min.Max.Min.Max.
Pension & Other Benefitsn/aZ$ 1,914,360.00n/aZ$ 1,914,360.00

Zimbabwe VAT Rates in 2020

VAT rates for Zimbabwe are reviewed annually, you can use the VAT Calculator to calculate VAT due in Zimbabwe or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Zimbabwe VAT Rates
VAT RateVAT Description
14.5%Standard Rate

Historic Tax Tables supported for Zimbabwe

The following tax tables are supported by iCalculator™ ZW as part of the suite of free tax tools we provide for Zimbabwe.