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12010 Budget overview of Tax changes

2010 BUDGET OVERVIEW OF TAX CHANGES

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2 2010 Budget overview of Tax changes

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32010 Budget overview of Tax changes

Current regime Proposed regimeMonthly Income Bands Rate % Monthly Income Bands Rate

%

K0 K700,000 0 K0 K800,000 0K700,001 - K1,335,000 25 K800,001 - K1,335,000 25

K1,335,001 K4,100,000 30 K1,335,001 K4,100,000 30Above K4,100,000 35 Above K4,100,000 35

This measure is meant to cushion workers against the effect of inflation.

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52010 Budget overview of Tax changes

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For further Information Contact:ZRA Customer Care Service Centre

Private Bag W 136Lusaka - Zambia

Tel: 211 226227/236093Fax: +260 211 222717

E-mail: advice@zra.org.zmWebsite: www.zra.org.zm