ZW · Africa · USD
Zimbabwe
Tax rates
Income Tax
40%
Top rate, progressive scale
Corporate Tax
25.8%
Statutory rate
Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01VAT
15.5%
Standard rate
Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01Capital Gains Tax
1%
Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01Wealth Tax
0%
Not levied
No verified data yet for: Crypto Tax.
Estimate your income tax
Enter a gross annual salary to estimate 2025 national income tax for Zimbabwe using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.
The calculator needs JavaScript — every figure stays readable without it. The full bracket schedule is under Brackets & notes below, and the calculator page lists every country's schedule.
Brackets, notes & in practice
Income Tax
| Threshold | Rate |
|---|---|
| USD 0 | 0% |
| USD 1,201 | 20% |
| USD 3,601 | 25% |
| USD 12,001 | 30% |
| USD 24,001 | 35% |
| USD 36,001 | 40% |
Thresholds are the table's own USD (foreign-currency) annual bands. A 3% AIDS Levy applies on tax payable, not on income, and is not summed into these rates.
Progressive PAYE scale for individuals, from 0% up to a top rate of 40% on monthly income above USD 3,000. A 3% AIDS Levy also applies, charged on the individual's tax payable rather than on income.
VAT
The standard VAT rate rose from 15% to 15.5% effective 1 January 2026. Reduced rates of 5% and 10% apply to certain supplies, alongside a zero rate for exports.
In practice
- Filing
VAT registration is mandatory once taxable supplies reach USD 25,000 in any 12-month period. Registered operators with annual taxable supplies above USD 240,000 file monthly returns; those below file bimonthly, with returns and payment both due by the 15th of the month following the tax period.
Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01- Exemptions
Goods and services taxable at 0% include exports of goods and services, international transport, financial services supplied to non-corporate customers, and gold sales to the central bank, Fidelity Printers and Refiners, and commercial banks. Exempt supplies include basic foodstuffs, agricultural inputs, prescription medicines, fuel and fuel products, and goods and services linked to health, education, and basic welfare.
Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Capital Gains Tax
Marketable securities listed on the Zimbabwe Stock Exchange are subject to a 1% final withholding tax on the gross selling price when disposed of, effective from 1 January 2025, which stands in place of the general Capital Gains Tax. Securities listed on the Victoria Falls Stock Exchange are exempt from Capital Gains Tax entirely, while the general Capital Gains Tax on other specified assets, such as immovable property acquired since 22 February 2019, is 20% of the gain.
In practice
- Exemptions
Zimbabwe's Capital Gains Tax exempts, for individuals aged 55, the proceeds from the disposal of their principal private residence and the first USD1,800 (or local-currency equivalent) of proceeds received during the year from selling listed and unlisted marketable securities. Rollover relief is also available on the sale and replacement of a principal private residence, and on compensation received for damage to or destruction of a specified asset.
Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-10-01
Wealth Tax
No net wealth tax is levied in Zimbabwe. The Zimbabwe Revenue Authority (ZIMRA) website lists the taxes it administers — PAYE (individual income tax), VAT, corporate income tax, excise duty, surtax, carbon tax, and special excise duty on second-hand vehicle ownership changes — with no net wealth tax among them.