Details

Finance Act

Tax Rate

Income of individual from trade and investments

14(2b)

25%

Income of company or trust

14(2c)

25%

Income of pension fund from trade or investment

14(2)d

15%

Income of licensed investor during first five years of operation

14(2) e

0%

Income of licensed investor after first five years of operation

14(2) e

25%

Income of a holder of special mining lease

14(2)(f)

15%

Income of a company or trust derived from mining operations

14(2) g

25%

Income for a  person engaged in approved BOOT or BOT arrangement: First 5 years

14(2) h

0%

Income f person engaged in approved BOOT or BOT arrangement: Second 5 years

14(2) h

15%

Income of industrial park developer before 5^th year of operations

14(2) i

0%

Income of industrial park developer after 5^th year of operations

14(2) i

25%

Income of operator of a tourist facility in approved tourist development zone before the fifth year of operation

14(2) j

0 %

Income of operator of a tourist facility in approved tourist development zone after the fifth year of operation

14(2) j

25%

Income from manufacturing of a company which exports 50% or more of its output

14(3)

20%

Aids Levy: Rate is based on tax chargeable

3%

Dividends from company incorporated outside Zimbabwe

14(5)

20%