Government increases tax free threshold

Government increases tax free threshold

By Fungai Jachi

THE Government has increased the tax-free threshold by 300 percent with a view to boost workers’ disposable income.

Responding to concerns raised by Parliamentarians this Wednesday, Finance and Economic and Development Minister, Professor Mthuli Ncube noted, “After considering the concerns raised, the tax-free threshold will be increased to ZWL$900 000 per annum.”

Government has been putting in place measures that improve conditions of service for public servants, including non-monetary incentives such as housing and duty free car imports, to cushion workers and improve livelihoods.