Zimbabwe - Other taxes and levies

Zimbabwe - Other taxes and levies

Taxation of international executives

1000

Related content

Social security tax

Are there social security/social insurance taxes in your country/territory? If so, what are the rates for employers and employees?

NSSA 3.5 percent of basic salary limited to maximum basic of ZWL700.

Pension Plan

None.

Employment Insurance

None.

Gift, wealth, estate, and/or inheritance tax

Are there any gift, wealth, estate, and/or inheritance taxes in your country/territory?

Income tax.

Real estate tax

Are there real estate taxes in your country/territory?

No.

Sales/VAT tax

Are there sales and/or value-added taxes in your country/territory?

Yes value added tax charged at the standard rate of 15 percent; exports are zero rated.

Unemployment tax

Are there unemployment taxes in your country/territory?

No.

Other taxes

Are there additional taxes in your country/territory that may be relevant to the general assignee? For example, customs tax, excise tax, stamp tax, and so on.

Local taxes

Customs and excise, stamp tax, on imports.

 

Provincial Health Premiums

None.

Employer Health Tax

None.

Foreign Financial Assets

Is there a requirement to declare/report offshore assets (e.g. foreign financial accounts, securities) to the country/territory’s fiscal or banking authorities? Not necessary to declare the assets but foreign dividends and foreign interest income is taxable incomes in Zimbabwe.

© 2021 KPMG Zimbabwe, a Zimbabwean partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee and does not provide services to clients. All rights reserved. 

KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients.

For more detail about our structure please visit https://home.kpmg/governance.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal

Stay up to date with what matters to you

Gain access to personalized content based on your interests by signing up today

Sign up today