Zambia

Individual - Taxes on personal income

Last reviewed - 17 May 2024

Under the Income Tax Act, Zambia has a source-based system for the taxation of income. Income deemed to be from a Zambian source is generally subject to Zambian income tax. Zambian residents are also subject to income tax on interest and dividends from a source outside Zambia.

Personal income tax rates

The rates of income tax applicable to an individual for the 2024 charge year are as follows:

Annual taxable income (ZMW)

Rate of income tax (%)

Up to 61,200

0

61201 to 85,200

20

85,201 to 110,400

30

Over 110,400

37

In principle, the same rates apply to both Zambian and non-Zambian residents. In practice, the only mechanism for income of non-Zambian residents to be subject to income tax at these rates would be on Zambian-source emoluments from an employment or office under Pay-As-You-Earn (PAYE). Other Zambian-source income of non-Zambian residents could be subject to withholding tax (WHT).