East & Southern Africa
Zimbabwe tax rates 2026
A source-based, multi-currency (USD/ZWG) system. Top personal rate is 40%, corporate is 25%, both plus a 3% AIDS levy, and VAT rises to 15.5% in 2026.
Territorial
Last verified
The taxes
| Personal income (top) | 40%Progressive up to 40% on income above USD 120,000/year. A 3% AIDS levy lifts the effective top rate to 41.2%. |
|---|---|
| Corporate income | 25% |
| Capital gains | 20% on immovable property, 5% on listed securities. |
| VAT | 15.5% |
| Dividends (WHT) | 10% for listed shares, 15% for unlisted. |
| Interest (WHT) | 15% |
| Royalties (WHT) | 15% |
| Social security (employee) | 4.5% (NSSA). |
| Social security (employer) | 4.5% (NSSA). |
| Wealth tax | None |
| Inheritance / estate | Estate duty of 5%. |
| Property tax | Local authority rates, plus capital gains or transfer tax on property. |
| Other | A 3% AIDS levy on income tax, plus a 2% IMTT on electronic transactions. |
How the system works
- Tax system
- Territorial
- Foreign income
- Largely outside scope (territorial)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Not participating
Rates checked July 2026: the top marginal income tax rate, the standard VAT rate and the main corporate rate.