Zambia 2022 Budget Delivered in National Assembly
Zambia's Ministry of Finance has published the 2022 Budget Speech that was delivered to the National Assembly on 29 October 2021. The main revenue measures of the budget include:
- An increase in the exempt threshold for PAYE from ZMW 4,000 per month to ZMW 4,500, with the income tax brackets adjusted accordingly:
- up to ZMW 4,500 - 0%
- ZMW 4,501 up to 4,800 - 25%
- ZMW 4,801 up to ZMW 6,900 - 30% …