Africa-Press – Zimbabwe. A new tax regime came into effect today, 1 January 2026, following Parliament’s approval of the 2026 National Budget and President Emmerson Mnangagwa’s signing of the Finance Act and Appropriation Act into law.
Under the changes, the Intermediated Money Transfer Tax (IMTT) on local currency transactions has been cut from 2 per cent to 1.5 per cent.
Gaming operators will now pay 20 per cent of their gross monthly takings as tax, while punters are liable for a 25 per cent tax on their winnings.
Property owners must now pay presumptive rental income tax at 15 per cent on rentals collected from tenants running businesses on their premises.
Gold miners will pay royalties on a sliding scale: three per cent if gold is under US$1 200 per ounce, five per cent if it’s between US$1 200 and US$2 500, and ten per cent if it exceeds US$2 500 per ounce.
The Value Added Tax (VAT) rate has risen from 15 per cent to 15.5 per cent, and a 15 per cent Digital Services Tax has been introduced for e-commerce transactions.
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