Zambia Tax Tables 2024 - Tax Rates and Thresholds in Zambia
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This page contains the tax table information used for the calculation of tax and payroll deductions in Zambia in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ ZM, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Zambia or would like to add to or suggest amendments to the information herein then please contact us.
2024 Tax Tables [Quick Links]
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Zambia Personal Income Tax Tables in 2024
The Income tax rates and personal allowances in Zambia are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Zambia Tax Calculator 2024.
Zambia Residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from ZMW 0.000.00 | to | ZMW 61,200.00 |
| 20% | Income from ZMW 61,200.01 | to | ZMW 85,200.00 |
| 30% | Income from ZMW 85,200.01 | to | ZMW 110,400.00 |
| 37% | Income from ZMW 110,400.01 | | and above |
Zambia Non-residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from ZMW 0.000.00 | to | ZMW 61,200.00 |
| 20% | Income from ZMW 61,200.01 | to | ZMW 85,200.00 |
| 30% | Income from ZMW 85,200.01 | to | ZMW 110,400.00 |
| 37% | Income from ZMW 110,400.01 | | and above |
Zambia Social Security and Payroll Deduction Rates in 2024
Zambia Social Security in 2024: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Social Security (NAPSA) | 5% | 5% | 10% |
| National Health Insurance | 1% | 1% | 2% |
Zambia Social Security and Payroll Deduction in 2024: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Social Security (NAPSA) | n/a | ZMW 322,080.00 | n/a | ZMW 322,080.00 |
| National Health Insurance | n/a | n/a | n/a | n/a |
In Zambia, social security and payroll deductions are key components of the employment landscape, ensuring that both employees and employers contribute to the welfare state. This system is designed to provide financial security and support to workers and their families in cases of old age, disability, illness, and unemployment. Here we explore the various types of social security elements and what they fund.
National Pension Scheme Authority (NAPSA)
The National Pension Scheme Authority (NAPSA) is at the core of Zambia's social security system, managing contributions that fund retirement, disability, and survivor benefits. Employees and employers both contribute to NAPSA, which ensures that workers have a safety net upon retirement or in the event of becoming unable to work due to disability. It also provides financial assistance to the dependents of a deceased worker.
Workers' Compensation
Workers' Compensation is another crucial element, specifically aimed at providing benefits to employees who suffer work-related injuries or diseases. Funded by employer contributions, it covers medical expenses, rehabilitation costs, and provides compensation for lost income due to temporary or permanent disability. This scheme is essential for protecting workers and their families from the financial impact of work-related health issues.
Health Insurance Contributions
While not traditionally part of Zambia's social security system, health insurance contributions are becoming increasingly important. These contributions go towards providing employees and their families access to healthcare services. Employers often offer private health insurance as part of the employment package, enhancing the well-being and productivity of their workforce.
Unemployment Benefits
Currently, Zambia does not have a formal unemployment benefits system. However, discussions and plans for introducing such a scheme have been part of broader social security reform initiatives. This would represent a significant step forward in providing support to workers who lose their jobs, helping them to manage their finances while looking for new employment opportunities.
Maternity and Paternity Leave Benefits
Maternity and paternity leave benefits are provided by employers, with guidelines set by Zambian labor law. While not directly a part of the social security contributions, these benefits are critical for supporting families during the significant life event of welcoming a child. They ensure that employees can take necessary time off work without losing their entire income.
In conclusion, Zambia's social security and payroll deduction system is designed to provide a comprehensive safety net for workers, covering aspects from retirement and health to work-related injuries. While there are areas for development, such as the introduction of unemployment benefits, the current system plays a vital role in safeguarding the welfare of employees and their families.
Zambia VAT Rates in 2024
VAT rates for Zambia are reviewed annually, you can use the VAT Calculator to calculate VAT due in Zambia or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
Zambia VAT Rates| VAT Rate | VAT Description |
|---|
| 16% | Standard Rate |
Historic Tax Tables supported for Zambia
The following tax tables are supported by iCalculator™ ZM as part of the suite of free tax tools we provide for Zambia.