Zimbabwe Tax Calculators · Bonus & 13th Cheque
Bonus & 13th Cheque Tax Calculator
Compute the PAYE on a bonus or 13th cheque. The first USD 700 per year is exempt; only the excess is taxed at your marginal rate.
Your bonus details
Enter the bonus amount and your normal monthly taxable income for the month it's paid in.
The income you'd have for that month without the bonus.
Annual exempt amount (Third Schedule para (o), Income Tax Act).
If part of the USD 700 was claimed earlier in the year.
Step-by-step
1
Identify the exempt portion
USD 700 per tax year is exempt under paragraph (o) of the Third Schedule to the Income Tax Act (as substituted by the Finance Act 2024). If part was used earlier (e.g. an interim bonus in June), only the unused balance applies now.
2
Compute the taxable bonus
Taxable bonus = Bonus − Available exemption
3
Compute PAYE without bonus
Apply PAYE bands to your normal taxable income alone.
4
Compute PAYE with bonus
Add the taxable bonus to that month's income, apply PAYE bands again.
5
Tax on bonus = the difference
The marginal tax on the bonus is the gap between the two PAYE figures. Add 3% AIDS levy on top.
Statutory anchors
- Income Tax Act [Chapter 23:06] — Schedules; Finance Act 2026 — bonus exemption
- ZIMRA PAYE Public Notice on bonus tables