Tax Credits 2024 Zimra. Paye return has been introduced with effect from 1 january 2024. With effect from 1 january 2024 the tax free threshold was increased to zwl$9,000,000.00 for remuneration earned in zwl.

Where foreign income is taxed in zimbabwe, a tax credit (limited to the amount of local tax suffered) will be set off against the local tax liability. Zimbabwe’s tax reforms for 2024 represent more than a fiscal adjustment;