The Zimbabwe Revenue Authority has issued Public Notice 8 of 2022, which highlights some of the measures introduced by Finance Act No. 7 of 2021. The Finance Act was published in the Official Gazette on 31 December 2021 and is generally effective from 1 January 2022. Some of the key measures include the following:
Individual Income Tax
With effect from 1 January 2022, the individual income tax brackets and rates for employment income are set as follows for remuneration earned in Zimbabwea…