Zimbabwe's Finance Act (No. 2) 2019 was published in the Official Gazette on 21 August 2019. As compared to the Finance Bill ({News-2019-08-16/A/7-previous coverage}), one of the key differences is with respect to the annual individual income tax brackets and rates for employment income, which are as follows in the Act with effect from 1 August 2019:

• up to ZWD 3,500 - 0%
• ZWD 3,501 to ZWD 15,0…