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Withholding tax on investment income on life insurance funds: 0.0% 15.0% 15.0% Withholding tax interest income earned on green bonds listed on the securities exchange in Zambia with maturity of at least 3 years 0.0% 20.0% 20.0% Withholding tax on re-insurance including retrocession: 0.0% 20.0% 20.0% Withholding tax on winnings from gaming and ...
A pay-as-you-earn tax (PAYE), or pay-as-you-go (PAYG) in Australia, is a withholding of taxes on income payments to employees. Amounts withheld are treated as advance payments of income tax due. They are refundable to the extent they exceed tax as determined on tax returns.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries in Africa are sorted according to data from the International Monetary Fund. [1]
11–12 August – The border between the Democratic Republic of the Congo and Zambia is closed due to a dispute over the importation of beverages from Zambia. [5] 22 August – A health warning is raised over the consumption of contaminated maize following the deaths of 400 dogs nationwide in July due to aflatoxins found in samples of the crop ...
Location of Zambia. The Republic of Zambia is a landlocked country in Southern Africa, [1] neighbouring the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique, Zimbabwe, Botswana and Namibia to the south, and Angola to the west. The capital city is Lusaka, in the south
This is the total amount of money, per year, one can earn tax free. The number attached to them represents tax free earnings divided by 10. In the tax year 2021/2022 the standard tax free allowance on income was £12 570, which means the standard code, and the emergency tax code was 1257L. [1]
Zambian exports in 2006. Zambia is a developing country, and it achieved middle-income status in 2011.Through the first decade of the 21st century, the economy of Zambia was one of the fastest-growing economies in Africa, and its capital, Lusaka, the fastest-growing city in the Southern African Development Community (SADC). [18]
The Cabinet of Zambia is the executive body of the government of Zambia, responsible for the administration and implementation of national policies and laws. Comprising ministers appointed by the President , the Cabinet advises the President on key issues and oversees various government departments and ministries.