- Brackets updated
migrated from the production database; research reasoning not recorded.
Top income tax
40.0%
effective 41.2%
Corporate tax
25.8%
VAT
15.5%
standard rate
Tax residency
183 days
19 tax treaties
Zimbabwe tax profile
Data year: 2026
- Tax system
- Territorial Zimbabwe taxes income from a source within Zimbabwe or deemed to be within Zimbabwe under the Income Tax Act. Employment performed in Zimbabwe is generally Zimbabwe-source; various deeming rules extend the net to passive and cross-border items. A 3% AIDS levy applies on income tax payable (individuals and companies). Remuneration may be taxed under parallel USD or ZWG PAYE tables depending on how salary is paid.
- Top PIT rate
- 40.0% (eff. 41.2%)
- Corporate tax rate
- 25.8%
- VAT
- 15.5%
- Capital gains tax
- 20.0% Specified-asset disposals are taxed under the Capital Gains Tax Act. Assets acquired after 22 February 2019 are generally taxed at 20% of the capital gain; older holdings may be taxed at 5% of the gain or, for pre-2009 acquisitions, 5% of gross proceeds. Listed securities, mining assets and 2026 budget proposals on land-holding companies can use different rates.
- Social security (employee)
- 4.5%
- Social security (employer)
- 4.5%
- Dividend withholding
- 15.0%
- Interest withholding
- 15.0%
- Royalty withholding
- 15.0%
- Treaty count
- 19
Income tax brackets
Corporate
| Bracket min | Bracket max | Rate |
|---|---|---|
| ZWG 0 | and above | 25.0% |
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| ZWG 0 | ZWG 33,600 | 0.0% |
| ZWG 33,601 | ZWG 100,800 | 20.0% |
| ZWG 100,801 | ZWG 336,000 | 25.0% |
| ZWG 336,001 | ZWG 672,000 | 30.0% |
| ZWG 672,001 | ZWG 1,008,000 | 35.0% |
| ZWG 1,008,001 | and above | 40.0% |
Special regimes (2)
| Name | Rate/amount | Duration | Status |
|---|---|---|---|
| IFSC expatriate employment 15% flat PAYE on taxable employment income for qualifying expatriates in a decla... | 15.0% | Duration not recorded | Active |
| Special Economic Zones Licensed SEZ operators may pay 0% corporate tax for the first five years, then 1... | 15.0% | Duration not recorded | Active |
Tax flags
Digital Services Tax
Tax residency
- Days threshold
- 183 days
- Residency rules
- An individual is generally resident if present in Zimbabwe for 183 days or more in a year of assessment or meets other tests in the Income Tax Act. Residence affects liability mainly through deeming and administrative rules rather than unlimited worldwide taxation of all foreign income.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- April 30
Sources
- ZIMRA PAYE tax tables (ZWG 2025) (accessed Oct 9, 2026) Progressive ZWG bands; 3% AIDS levy on PAYE; parallel USD tables for foreign-currency remuneration
- ZIMRA corporate tax rates (accessed Oct 9, 2026) 25% standard CIT; 3% AIDS levy on tax chargeable; sectoral reduced rates
- ZIMRA capital gains FAQ (accessed Oct 9, 2026) 5% and 20% CGT rates by acquisition date
- KPMG Zimbabwe 2026 budget highlights (accessed Oct 9, 2026) VAT 15.5% from 1 January 2026; non-resident interest WHT 15%; digital services changes
- KPMG digital services withholding notice (accessed Oct 9, 2026) 15.5% digital services withholding via intermediaries from 1 January 2026
- ZIMRA DTA count (accessed Oct 9, 2026) 19 income-tax DTAs in force
- ZIMRA income tax return notice 2026 (accessed Oct 9, 2026) ITF12C due 30 April for calendar-year taxpayers
Change history
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migrated from the production database; research reasoning not recorded.
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migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.