ZIMBABWE REVENUE AUTHORITY

PAY AS YOU EARN ( PAYE) FOREX TABLES FOR JANUARY TO DECEMBER 2018

DAILY TABLE Example

Rates If an employee earns
from - to 9.86multiply by 0% Deduct - $10 per day
from 9.87 to 49.32multiply by 20% Deduct 1.97 The tax will be calculated thus:
from 49.33 to 98.63multiply by 25% Deduct 4.44
from 98.64 to 164.38multiply by 30% Deduct 9.37 $10 x 20% -$1.97 =
from 164.39 to 328.77multiply by 35% Deduct 17.59 $0.03
from 328.78 to 493.15multiply by 40% Deduct 34.03
from 493.16 to 657.53multiply by 45% Deduct 58.68
from 657.54 and above multiply by 50% Deduct 91.56
WEEK LY TABLE Example
Rates If an employee earns
from - to 69.23
multiply by 0% Deduct - $300 per week
from 69.24 to 346.15
multiply by 20% Deduct 13.85 The tax will be calculated thus:
from 346.16 to 692.31
multiply by 25% Deduct 31.15
from 692.32 to 1,153.85
multiply by 30% Deduct 65.77 $300 x 20% -$13.85 =
from 1,153.86 to 2,307.69
multiply by 35% Deduct 123.46 $46.15 per week
from 2,307.70 to 3,461.54
multiply by 40% Deduct 238.85
from 3,461.55 to 4,615.38
multiply by 45% Deduct 411.92
from 4,615.39 and above multiply by 50.0% Deduct 642.69
FORTNIGHTLY TABLE Example
Rates If an employee earns
from - to 138.46 multiply by 0% Deduct - $1 000 per fortnight
from 138.47 to 692.31 multiply by 20% Deduct 27.69 The tax will be calculated thus:
from 692.32 to 1,384.62 multiply by 25% Deduct 62.31
from 1,384.63 to 2,307.69 multiply by 30% Deduct 131.54 $1 000 x 25%- $62.31
from 2,307.70 to 4,615.38 multiply by 35% Deduct 246.92 $187.69 per fortnight
from 4,615.39 to 6,923.08 multiply by 40% Deduct 477.69
from 6,923.09 to 9,230.77 multiply by 45% Deduct 823.85
from 9,230.78 and above multiply by 50% Deduct 1,285.38
MONTHLY TABLE Example
Rates If an employee earns
from - to 300.00
multiply by 0% - $6 000 per month
from 300.01 to 1,500.00
multiply by 20% Deduct 60.00 The tax will be calculated thus:
from 1,500.01 to 3,000.00
multiply by 25% Deduct 135.00
from 3,000.01 to 5,000.00
multiply by 30% Deduct 285.00 $6 000 x 35% -$535 =
from 5,000.01 to 10,000.00
multiply by 35% Deduct 535.00 $1 565.00 per month
from 10,000.01 to 15,000.00
multiply by 40% Deduct 1,035.00
from 15,000.01 to 20,000.00
multiply by 45% Deduct 1,785.00
from 20,000.01 and above multiply by 50% Deduct 2,785.00
ANNU AL TABLE Example 1
Rates If an employee earns
from 0 to 3,600.00 multiply by 0% Deduct - $150 000 per year
from 3,601 to 18,000.00 multiply by 20% Deduct 720 The tax will be calculated thus:
from 18,001 to 36,000.00 multiply by 25% Deduct 1,620
from 36,001 to 60,000.00 multiply by 30% Deduct 3,420 $150 000 x 40%-$12 420
from 60,001 to 120,000.00 multiply by 35% Deduct 6,420 $47,580.00 per annum
from 120,001 to 180,000.00 multiply by 40% Deduct 12,420
from 180,001 to 240,000.00 multiply by 45% Deduct 21,420
from 240,001 and above multiply by 50% Deduct 33,420

Aids Levy is 3% of the Individuals' Tax payable

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