Taxation of income for services rendered

Zimbabwe's tax-to-GDP ratio must rise substantially if the country is ever to fund the public services its people deserve.

Advertisements By Simbarashe HamudiAdvertisements 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…

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