TABLE A
MONTH 2 – MAY
PERSONAL TAX RATES
	RATE OF TAX	TAX DUE
CHARGEABLE INCOME		Kwacha
First K1,200,000 @	0%	-
Exceeding K1,200,000 but not exceeding K2,470,000	25%	317,500
Exceeding K2,470,000 but not exceeding K8,000,000	30%	1,659,000
Balance over K8,000,000  @	35%
TAX CREDIT CHART (FOR PERSONS WITH DISABILITIES ONLY)
	Kwacha
Tax Credit due for the Month	50,000
Cumulative Tax Credit to date	100,000
The Tax Due on chargeable Income of a "Person with Disability" should be reduced
by the Tax Credit due for the month.
IMPORTANT REMINDER
PART TIME EMPLOYEES:
Employers who engage part-time personnel are advised to deduct tax from emolument payable to
part-time employees at 35%
CASUAL EMPLOYEES:
Employers who engage casual workers should use the Daily Tax Table when computing tax
payable.
REMITTANCE OF TAX:
The PAYE tax deducted by an employer, less any refunds, must be remitted to the local Collector
of Taxes within fourteen days of the end of the month. Penalties are chargeable for late remittances.