They have also suggested that in next year's budget, Government should
increase the exempt threshold of Pay As You Earn (PAYE) from the
current K600,000 to K1 million and reduce the upper threshold of PAYE
to 27 percent.
19.12.2008
9:51
Zambia: Don't exempt foreigners from tax'
VARIOUS stakeholders have proposed that non-Zambians should not be included in the exempt threshold under the income tax bands when calculating taxable income so that the incentive can only benefit Zambians.