Zambia's Ministry of Finance and National Planning has published the 2023 Budget Speech that was delivered to the National Assembly on 30 September 2022. The revenue (tax) measures of the budget are summarized as follows:

Direct Taxes

• Increase the exempt threshold for PAYE from ZMW 4,500 per month to ZMW 4,800, along with a reduction in the second bracket (band) rate from 25% to 20% and oth…