Tax credits available to employees

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

By Simbarashe Hamudi TAX credits serve as a vital financial tool for taxpayers, enabling them to reduce their tax liabilities. By subtracting specific amounts from the total employment taxes owed, these credits can significantly ease the financial burden on individuals, particularly those facing certain hardships. This mechanism is outlined in the Finance Act, specifically under…

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