2024

Capital Gains Tax Rate 2024 Zimbabwe

Capital Gains Tax Rate 2024 Zimbabwe. There are a number of exemptions and deductions that can reduce the amount of tax that a taxpayer owes. Capital gains tax (cgt) is an amount levied on the capital gain arising from the disposal of a specified asset in terms of section 6 of the capital gains tax act.


Capital Gains Tax Rate 2024 Zimbabwe

The late filing of a capital gains application is also liable for late filing payments. The general rate is 20% of the net gain and 5% of the proceeds for specified assets acquired before 22 february 2019 and disposed of after that date.

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