Zimra have finally sent out the gazette giving the breakdown of the new 2020 Finance bill – they were awaiting the publishing of this document before advising on the Tax Free Bonus for companies paying US$ in this second semester of 2019 (August – December, 2019)
The Tax Free Bonus for this year is as follows:
- Zim $ (ZWL) clients – Z$5,000
- US$ paying companies – US$320