Taxation of income for services rendered

Medical expenses also fall under the purview of tax credits, allowing taxpayers to claim deductions for medical costs incurred for themselves, their spouses, or minor children.

By Simbarashe Hamudi IN Zimbabwe, tax laws take a comprehensive approach when it comes to defining taxable income for employees. All amounts received or accrued in connection with employment, whether from current, former, or even prospective employer, are brought into gross income and are therefore subject to tax. This applies regardless of whether the payments…

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