Remember according to NAPSA, maximum contribution ceiling deductible is now K1,221.80 which is 5 percent of the contribution ceiling. Hence contribution payable by the employers is currently at K2,443.60 constituting 5 percent employer share and 5 percent employee share.
PAYE tax table below shows what percentage is PAYE in Zambia which an Algorithm of this website follows as a set of rules for calculating your income tax and Napsa amount in the year 2022.
Calculate Income tax, Napsa and Paye with this online ZRA Tax calculator. Its fast within minutes using our app
you can find “what percentage is PAYE in Zambia”. No need of knowing how to calculate PAYE in Zambia, this salary calculator Zambia app is easy to use and absolutely free. All you have to do is to enter basic amount, allowances and deductions if any. Then click calculate and our application software will calculate what percentage is PAYE in Zambia based on the 2020 ZRA tax bands. It also calculates Income tax, Napsa and how much is Paye in 2022.
PAYE stands for Pay As You Earn
PAYE It is a method used by employers, organizations and the accounting department for collecting Income Tax from employees on monthly earnings.
Under this system, in Zambia an employer is required by the law to immidietely deduct income tax from there employee’s taxable monthly salary or wages. PAYE could also be calculated on a weekly basis, or monthly and its percentage varies depending on the employer's gross earning, hence why its given the name Pay As You Earn which you can calculate with our Zra tax calculator 2022.
Getting your PAYE refund
PAY AS YOU EARN (PAYE) can only be refunded if there is a genuine mistake that was made in the computation of the employees salary by the employer. This result in either less revenue or resulting in the employee being overtaxed by ZRA.
Withholding tax calculator Zambia is also known as WHT rate which is 20% and is the final tax that is mostly commissioned for Withholding Tax purposes. This means, any Commission apart from the Commission received by an individual whose income is from office or employment must pay the WHT tax rate for residents which is now 15% and 20% rate for the non- residents as final tax.
Duty tax in Zambia
How much is duty tax in Zambia? Customs duty rates are different from PAYE Tax and NAPSA contribution Tax. Duty tax is a value added tax and ranges between 0 to 40% of the item value. Duty tax in Zambia is only charged on the importation of goods following the applicable domestic rate i.e. In 2021 the current standard rate of duty tax is at 16%, can also be zero or exempt. Duty tax is levied on selected type of goods which have externalities and rare expensive high quality and luxurious in nature.The VAT rate is 16% for all supplies of standard-rated goods and services accordding to Paye calculator zambia 2022.
Minimum wage for domestic workers in Zambia
What is the minimum wage for domestic workers in Zambia 2021?
According to the statutory Act which provides for minimum wage of domestic workers in Zambia is the work rate, currently stands at K550 per month approximately (US$53). This refers to any worker whose duty is beyond three kilometre radius from the place of work. Otherwise incuding transport allowance is part of PAYE calculator Zambia because one is entitled to be paid transport allowance of K100.00 (U$10.5) to carter for transport expenses and movement, this will not only apply unless the employer decides to provide transportation before paying Gratuity.
The average monthly wage in Zambia
Salaries in Zambia as of the year 2013 have been in the range of minimum been between 1,429,902 ZMK per month minimum wage for none skilled workers to 45,701,10 ZMK per month been the maximum salary.
The employees in median salary cartegory earn up to 10,500,619 ZMK per month, hence according to the Zambian payroll board, half (50%) of the countries total population earn not more than 10,500,619 ZMK per month.
But mnajority of qorkers in Zambia, those skilled having professional practices and masters degre's actually earn more than 10,500,619 ZMK as Gratuity, you can learn more after using our Pay As you Earn calculator 2021.