Zambia Act or statute

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Income Tax Act, 1967

This section gives the short title: the Act may be cited as the Income Tax Act. This section defines key terms used in the Income Tax Act. This section defines when an individual or other person i…

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Jurisdiction: Zambia
Structure: 275 provisions
Citation: Act 32 of 1967
Dates: Undated source snapshot

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“This section gives the short title: the Act may be cited as the Income Tax Act.”

This section gives the short title: the Act may be cited as the Income Tax Act. This section defines key terms used in the Income Tax Act. This section defines when an individual or other person is treated as resident in the Republic for a charge year. This section defines when income is treated as received, including cash, benefits, and amounts due or held for a person. The Commissioner-General must carry out this Act and appoint staff for the Direct Taxes Division.

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Appointment of staff .............................................................................................................................................................................. 4

Farm-work expenditure may be deducted from farming business profits for the relevant charge year, with a special rule for pre-startup costs.

Section 6

*** .............................................................................................................................................................................................................. 10

This text is a fragment of Table 5 in the Income Tax Act showing income band headings, but it does not include a complete rule.

Section 20

Exemptions from tax ............................................................................................................................................................................ 7

This provision states a currency range: it exceeds K900,000 but does not exceed K1,200,000.

Section 15

Preliminary business expenses ...................................................................................................................................................... 15

This annexure lists rates for public entertainment fees in Tables 1, 2, and 3.

Section 35

Exemptions from tax ............................................................................................................................................................................ 7

This section is an index entry pointing to tax exemption cross-references in the schedules.

Section 15

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Showing 75 of 275 provisions

Amendment 38Provision 29Repeal 4Commencement 2

Part

Part II – Farm works allowance

§ 6Appointment of staff .............................................................................................................................................................................. 4Commencement

Farm-work expenditure may be deducted from farming business profits for the relevant charge year, with a special rule for pre-startup costs.

6. Farm works allowance The expenditure incurred by any person for any charge year in respect of any farm works is allowed as a deduction in ascertaining the proﬁts of his farming business for that year: Provided that where the person incurs the expenditure in a charge year prior to the charge year in which he commences farming operations the expenditure shall be allowed as a deduction in the charge year in which he commences farming operations. [As amended by Act No. 26 of 1970] Part III – Valuation of livestock

Section 6Verify source

Part

Part III – Valuation of livestock

§ 7ofﬁcers and delegation of functions ................................................................................................................................................. 4Commencement

This section sets how a farmer values livestock for gains or profits, with a special rule for livestock bought for stud.

7. Standard value (1) In ascertaining a farmer's gains or proﬁts the value of his livestock (other than livestock bought by him for stud) is the standard value or if he so irrevocably elects, whichever is the lower of the market value or the cost to him of the value livestock. (2) The standard value for the purposes of this paragraph applicable to any class of livestock shall be that adopted by the farmer in the ﬁrst return delivered by him after he commences farming, if the Commissioner-General determines that such value may be approved and that standard value shall not be varied for the purposes of any subsequent charge year unless the Commissioner-General so determines, and subject to any conditions he may impose on such determination. By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 82 Income Tax Act, 1967 (Chapter 323) Zambia (3) For the purpose of this paragraph and paragraph 7 of the First Schedule the value of livestock bought for stud shall be the cost price or market value whichever is the lower. [As amended by Acts No. 14 of 1987 and No. 17 of 1988] Part IV – General provisions

Section 7Verify source

Part

Part IV – General provisions

§ 8Secrecy ......................................................................................................................................................................................................... 4Repeal

The amount of certain capital expenditure for farm improvements and farm works is reduced by any subsidy or grant from public funds received toward that expenditure.

8. Subsidy For the purposes of this Schedule the amount of any capital expenditure incurred in respect of farm improvement to which Part I applies for expenditure incurred in respect of farm works to which Part II applies is reduced by the amount of any subsidy or grant from public funds towards or in aid or in recognition of the object of such expenditure. [As amended by Acts No. 23 of 1968 and No. 14 of 1987] [Repealed by Act No. 2 of 1995] [Repealed by Act No. 12 of 1982] Seventh Schedule (Section 117) Transitional provisions Eighth Schedule (Section 77(2)) Payment of provisional tax Charging Schedule (Section 14)) Part I – Personal allowances and tax credits

Section 8Verify source

Part

Part I – Personal allowances and tax credits

§ 1Short title .................................................................................................................................................................................................... 1Short title

An eligible resident individual can claim personal allowances and tax credits for a charge year, but the claim must be supported, filed on time, and may be reduced or capped in some cases.

1. Claims and rates (1) Subject to the provisions of this Part, an individual resident in the Republic who for any charge year has furnished a return of income and makes a claim in that behalf giving such particulars, and supported by such proof, as the Commissioner-General may require, shall, in respect of that charge year, be entitled to such personal allowances and tax credits as are appropriate to his case in accordance with the Table contained in Annexure "A" to this Schedule: Provided that— (i) such individual shall be provisionally entitled to such personal allowances and tax credits: (a) for the purposes of section seventy-one, and regulation 7 of the Income Tax (Employment) Regulations, if he is a public servant or if he has completed a claim for the immediately preceding charge year in accordance with paragraph 1; or (b) for the purposes of section forty-six A if he has provided an estimate of income tax liability for such charge year; (ii) such return and claim is made not later than six years after the end of the charge year to which it relates or, if later, six years after the date of service of a notice of assessment for that charge year; By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 83 Income Tax Act, 1967 (Chapter 323) Zambia (iii) where the individual was not resident in the Republic for the previous charge year or is not resident in the Republic for the subsequent charge year, the personal allowances to which he is entitled under this Part shall be reduced by one-twelfth for each complete month for which he does not reside in the Republic in the charge year; and (iv) where the emoluments of a claimant are not liable to tax in the Republic, the allowances to which the claimant is entitled shall not exceed the amount of the income, excluding income classiﬁed in subsection (1) of section nineteen, which is liable to tax in the Republic. (2) In this Part, "claimant" means an individual who claims personal allowances and tax credits pursuant to section fourteen of this Act. [As amended by Acts No. 11 of 1973, No. 10 of 1979 and No. 14 of 1987]

Section 1Verify source

A non-resident claimant may elect to have Republic tax on certain income reduced, subject to the stated conditions.

8. Non-resident: world income election (1) A claimant who is not resident in the Republic may elect that the tax chargeable in the Republic on his income other than the income which the Commissioner-General is prohibited from including in an assessment, shall be reduced to the extent that it shall not exceed the amount of tax which bears the same proportion to the tax which would be chargeable if the claimant's world income were chargeable under this Act (after allowing the personal allowances to which he would be entitled if he were resident in the Republic, but without taking account of double taxation relief under Part VII of the Act as the claimant's assessable income bears to his world income. (2) An election under this paragraph shall be made in the same manner and subject to the same conditions as a claim for personal allowances and tax credits. (3) In sub-paragraph (1), "world income" means the total amount of claimant's income from all sources, excluding the income which is chargeable to tax but which the Commissioner-General is prohibited from including in an assessment, the amount of income from each source being substantiated to the Commissioner-General's satisfaction. [As amended by Act No. 11 of 1973] By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 84 Income Tax Act, 1967 (Chapter 323) Zambia

Section 8Verify source

§ 8AHandicapped person's creditAmendment

If an individual or a spouse living with the individual during the charge year is handicapped, the tax due is reduced by the handicapped credit in Annexure A.

8A. Handicapped person's credit Where the individual, or spouse of the individual who at any time during the charge year lives with that individual, is a handicapped person, there shall be an abatement of the tax due under this Act by the amount of the handicapped credit shown in Annexure "A". [As amended by Acts No. 17 of 1988, No. 4 of 1993 and No. 4 of 1994] Part II – Individual tax credit

Section 8AVerify source

Part

Part II – Individual tax credit

§ 9Regulations ................................................................................................................................................................................................. 5Amendment

Individuals get a tax credit abatement, with the amount shown in Annexure A.

9. Individual tax credit (1) For any individual there shall be an abatement of tax due under this Act by the amount of the individual tax credit shown in Annexure "A". (2) Where the individual is not a resident of the Republic for part or all of the charge year, the individual tax credit will be for each complete month in the charge year for which he does not reside in the Republic. (3) For the purpose of this Part the entitlement of a husband and wife shall be separately determined. (4) The amount of the individual tax credit provided by this Part shall be in lieu of any personal allowances. [As amended by Acts No. 11 of 1992 and No. 4 of 1993] Part III – Rates of tax

Section 9Verify source

Part

Part III – Rates of tax

§ 10Record of assessment .......................................................................................................................................................................... 5Repeal

Individuals are taxed on different categories of income at the rates set in the Schedule, with special caps and reductions for rural enterprise, farming, export-related income, and certain section 21 income.

10. Individuals (1) Subject to the provisions of sub-paragraph (2) and of paragraphs 13, 14, 15 and 16, the tax with which an individual shall be charged for a charge year: (a) on income received by way of lump sum payments, shall be calculated at the rate speciﬁed for such charge year contained in Part I of Annexure "B" to this Schedule; (b) on the balance of his income (except income charged under sub-paragraphs (a), (b), (c) and (e) after the deduction of personal allowances appropriate to his case), shall be calculated at the relevant rates speciﬁed for such income in the Table appropriate to such charge year contained in Part II of Annexure "B" to this Schedule: Provided that— (i) the tax chargeable on income received from a rural enterprise, for each of the ﬁrst ﬁve charge year for which such business is carried on, shall be reduced by such amount as is equal to one-seventh of the tax which would otherwise be so chargeable on such business income; (ii) the maximum rate on income received from farming shall be ﬁfteen per centum; (iii) the maximum rate of tax on that portion of income which is determined by the Commissioner-General as originating from the export of non-traditional products shall be ﬁfteen per centum; and (iv) [repealed by Act No. 2 of 1995]; (v) the maximum rate of tax on the balance of income received under subsection (5) of section twenty-one shall be ten per centum. [As amended by Acts No. 11 of 1992, No. 14 of 1994 and No. 2 of 1995] By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 85 Income Tax Act, 1967 (Chapter 323) Zambia (c) on the balance of any income deemed to be his pursuant to subsection (1) of section nineteen arising from any business, excluding the letting of property, or from any employment (except any such income charged under sub-paragraphs (a) or (e), after the deduction of any personal allowances appropriate to his case which it has not been possible to deduct from income charged under sub-paragraph (b), shall be calculated at the relevant rates speciﬁed for such income in the Table appropriate to such charge year contained in Part II of Annexure "B" to this Schedule: Provided that— (i) the tax chargeable on income received from a rural enterprise, for each of the ﬁrst ﬁve charge years for which such business is carried on shall, be reduced by such amount as is equal to one-seventh of the tax which would otherwise be so chargeable on such business income; (ii) the maximum rate of tax on income received from farming shall be ﬁfteen per centum; (iii) the maximum rate of tax on that portion of income which is determined by the Commissioner-General as originating from the export of non-traditional products shall be ﬁfteen per centum. (d) on the balance of income received by way of gratuity as provided by section twenty-one (except any such income charged under sub-paragraph (e), after the deduction of any personal allowances appropriate to his case which it has not been possible to deduct from income charged under sub-paragraphs (b) and (c), shall be calculated at the relevant rates speciﬁed for such income in the Table appropriate to such charge year contained in Part II of Annexure "B" to this Schedule. [As amended by Act No. 17 of 1988]

Section 10Verify source

§ 11Forms and notices ................................................................................................................................................................................. 5Amendment

This section sets tax rates for certain non-individual taxpayers and gives specific reduced or fixed rates for rural enterprise income, farming income, export income classified by the Commissioner-General, and companies listed on the Lusaka Stock Exchange.

11. Persons other than individuals, trusts, deceaseds' estates and bankrupts' estates Subject to the provisions of paragraph 13, 14, 15 and 16 the tax with which a person other than an individual, a trust, a deceased's estate or a bankrupt's estate, shall be charged on income for a charge year shall be calculated at the relevant rates speciﬁed for such income in the Table appropriate to such charge year contained in Annexure "C" to this Schedule Provided that— (i) the tax chargeable on income received from a rural enterprise for each of the ﬁrst ﬁve charge years for which such business is carried on, shall be reduced by such amount as is equal to one-seventh of the tax which would otherwise be so chargeable on such business income; (ii) the rate of tax on income received from farming shall be ﬁfteen per centum; (the rate for the year ended 31st March, 1982 was twenty-ﬁve per centum) (iii) (iv) the maximum rate of tax on that portion of income which is determined by the Commissioner- General as originating from export of non-traditional products shall be ﬁfteen per centum; the rate of tax on income received by a company listed on the Lusaka Stock Exchange, shall be thirty per centum. [As amended by Acts No. 16 of 1972, No. 11 of 1985, No. 14 of 1986 and No. 7 of 1996]

Section 11Verify source

§ 12Notices and service ............................................................................................................................................................................... 5Amendment

Tax on the income of a trust or a bankrupt’s estate for a charge year is calculated using the relevant rates in Annexure D, subject to paragraphs 13 to 16.

12. Trusts, deceaseds' estates and bankrupts' estates Subject to the provisions of paragraphs 13, 14, 15 and 16 the tax with which a trust or a bankrupt's estate shall be charged on income for a charge year shall be calculated at the relevant rates speciﬁed for such income in the Table appropriate to such charge year contained in Annexure "D" to this Schedule. [As amended by Act No. 16 of 1972] By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 86 Income Tax Act, 1967 (Chapter 323) Zambia

Section 12Verify source

§ 12A***Repeal

Section 12A is repealed.

12A. *** [Repealed by Act No. 7 of 1996]

Section 12AVerify source

§ 14Charge of tax .......................................................................................................................................................................................... 6Amendment

Tax on management or consultancy fees is charged at the rate set for the relevant charge year in Annexure K, subject to any agreement under section 74.

14. Management and consultant fees Subject to the provisions of any agreement made under section seventy-four, the tax with which a person shall be charged for a charge year on Management or Consultancy fees which the Commissioner-General is prohibited from including in an assessment under the provisos to subsection (1) of section sixty-three, shall be at the rate speciﬁed in the Table appropriate to that charge year as set forth in Annexure "K" to this Schedule. [As amended by Acts No. 4 of 1993 and No. 2 of 1995]

Section 14Verify source

§ 15Exemptions from tax ............................................................................................................................................................................ 7Amendment

A person is charged tax on certain interest and royalties at the rate set for the charge year in Annexure G, subject to any agreement under section 74.

15. Interest and royalties Subject to the provisions of any agreement made under section seventy-four, the tax with which a person shall be charged for a charge year on interest and royalties which the Commissioner-General is prohibited from including in an assessment under the provisos to subsection (1) of section sixty-three, shall be at the rate speciﬁed in the Table appropriate to such charge year contained in Annexure "G" to this Schedule. [As amended by Acts No. 16 of 1972, No. 11 of 1993, No. 2 of 1995 and No. 7 of 1996]

Section 15Verify source

§ 16Chargeability of income that cannot be remitted on accrual ............................................................................................... 7Amendment

This section sets the tax rate on certain dividends for non-residents and companies incorporated in the Republic, using the rate in Annexure H for the relevant charge year.

16. Dividends Subject to the provisions of any agreement made under section seventy-four, the tax with which a person shall be charged for a charge year in the case of a person who is not resident in the Republic or a Company incorporated in the Republic on dividends which the Commissioner-General is prohibited from including in an assessment under the provisions of sub-paragraphs (i) and (ii) of the proviso to subsection (1) of section sixty-three shall be at the rate speciﬁed in the Table appropriate to such charge year contained in Annexure "H" to this Schedule. [As amended by Act No. 10 of 1979] Annexures A Personal Allowances Deduction. B Rates for Individuals, Parts I, II, III, IV and V. C Rates for Persons other than Individuals, Trusts, Deceased's and Bankrupt's Estate. D Rates for Trusts, Deceased's Estates and Bankrupt's Estate. E Rates for Public Entertainment Fees. F Rates for Large Scale Mining. G Rates for Interest and Royalties. H Rates for Dividends. I Rates for Rents. J Rates for Contractors and Suppliers (under section eighty-one A) By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 87 Income Tax Act, 1967 (Chapter 323) Zambia K Rates for Management and Consultancy Fees Annexure "A" Part I – Personal allowance deduction (Paragraph 9) Table 1 with effect from 1st April, 1969 (a) (b) (c) (d) (e) (f) Married allowance under paragraph 2 K1,300 Family allowance under paragraph 3 (subject to apportionment K450 pursuant to sub-paragraph (3) of paragraph 3) Single allowance under paragraph 4 K450 Child allowance under paragraph 5 (subject to apportionment K180 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K300 20% of premiums up to maximum allowance of Non-resident allowance under paragraph 6 K600 Table 2 with effect from 1st April, 1971 (a) Married allowance under paragraph 2 K1,300 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 88 Income Tax Act, 1967 (Chapter 323) Zambia (b) (c) (d) (e) (f) (g) Table 3 with effect from 1st April, 1972 (a) (b) (c) (d) Family allowance under paragraph 3 (subject to apportionment pursuant to sub-paragraph (3) of paragraph 3) K450 Single allowance under paragraph 4 K500 Child allowance under paragraph 5 (subject to apportionment pursuant to sub-paragraph (2) of paragraph 5) K180 Insurance allowance under paragraph 6 K300 20% of premiums up to maximum allowance of Non-resident allowance under paragraph 6 Handicapped persons allowance under paragraph 8A K400 K400 Married allowance under paragraph 2 K1,000 Single allowance under paragraph 4 K500 Child allowance under paragraph 5 (subject to apportionment K180 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K300 20% of premiums up to maximum allowance of By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 89 Income Tax Act, 1967 (Chapter 323) Zambia (e) Handicapped persons allowance under paragraph 8A K600 [As amended by Act No. 16 of 1972] Table 4 with effect from 1st April, 1975 (a) (b) (c) (d) (e) [As amended by Act No. 11 of 1975] Table 5 with effect from 1st April, 1978 (a) (b) (c) Married allowance under paragraph 2 K1,000 Single allowance under paragraph 4 K500 Child allowance under paragraph 5 (subject to apportionment K200 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K300 20% of premiums up to maximum allowance of Handicapped persons allowance under paragraph 8A K500 Married allowance under paragraph 2 K1,000 Single allowance under paragraph 4 K500 Child allowance under paragraph 5 (subject to apportionment K225 pursuant to sub-paragraph (2) of paragraph 5) By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 90 Income Tax Act, 1967 (Chapter 323) Zambia (d) (e) Insurance allowance under paragraph 6 K500 20% of premiums up to maximum allowance of Handicapped persons allowance under paragraph 8A K500 [As amended by Act No. 9 of 1978] Table 6 with effect from 1st April, 1979 (a) (b) (c) (d) (e) Married allowance under paragraph 2 K1,000 Single allowance under paragraph 4 K500 Child allowance under paragraph 5 (subject to apportionment K225 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K300 20% of premiums up to maximum allowance of Handicapped persons allowance under paragraph 8A K500 [As amended by Act No. 10 of 1979] Table 7 with effect from 1st April, 1981 (a) (b) Married allowance under paragraph 2 K1,500 Single allowance under paragraph 4 K600 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 91 Income Tax Act, 1967 (Chapter 323) Zambia (c) (d) (e) [As amended by Act No. 10 of 1981] Table 8 with effect from 1st April, 1984 (a) (b) (c) (d) (e) Child allowance under paragraph 5 (subject to apportionment K225 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K400 20% of premiums up to maximum allowance of Handicapped persons allowance under paragraph 8A K500 Married allowance under paragraph 2 K1,700 Single allowance under paragraph 4 K650 Child allowance under paragraph 5 (subject to apportionment K325 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K600 The amount of premiums up to maximum of Handicapped persons allowance under paragraph 8A K600 [As amended by Act No. 12 of 1982] Table 9 with effect from 1st April, 1984 (a) Married allowance under paragraph 2 K1,700 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 92 Income Tax Act, 1967 (Chapter 323) Zambia (b) (c) (d) (e) [As amended by Act No. 11 of 1984] Table 10 with effect from 1st April, 1985 (a) (b) (c) (d) (e) [As amended by Act No. 11 of 1985] Table 11 with effect from 1st April, 1986 Single allowance under paragraph 4 K650 Child allowance under paragraph 5 (subject to apportionment K325 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K400 The amount of premiums up to maximum of Handicapped persons allowance under paragraph 8A K600 Married allowance under paragraph 2 K2,100 Single allowance under paragraph 4 K900 Child allowance under paragraph 5 (subject to apportionment K325 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K400 The amount of premiums up to maximum of Handicapped persons allowance under paragraph 8A K600 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 93 Income Tax Act, 1967 (Chapter 323) Zambia (a) (b) (c) (d) (e) [As amended by Act No. 8 of 1986] Table 12 with effect from 1st April, 1987 (a) (b) (c) (d) (e) Married allowance under paragraph 2 K2,100 Single allowance under paragraph 4 K900 Child allowance under paragraph 5 (subject to apportionment K330 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K400 The amount of premiums up to maximum of Handicapped persons allowance under paragraph 8A K600 Married allowance under paragraph 2 K4,600 Single allowance under paragraph 4 K1,800 Child allowance under paragraph 5 (subject to apportionment K330 pursuant to sub-paragraph (2) of paragraph 5) Insurance allowance under paragraph 6 K800 The amount of premiums up to maximum of Handicapped persons allowance under paragraph 8A K600 [As amended by Act No. 14 of 1987] By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 94 Income Tax Act, 1967 (Chapter 323) Zambia Table 13 with effect from 1st April, 1989 (a) (b) (c) [As amended by Act No. 28 of 1989] Table 14 with effect from 1st April, 1990 (a) (b) (c) Primary allowance under paragraph 2 Insurance allowance under paragraph 6 The amount of premiums up to maximum of K6,000 K800 Handicapped persons allowance under paragraph 8A K600 Primary allowance under paragraph 2 K12,000 Insurance allowance under paragraph 6 K800 The amount of premiums up to maximum of Handicapped persons allowance under paragraph 8A K600 [As amended by Act No. 33 of 1989] Part II – Individual tax credit (Paragraph 9A) Table 1 with effect from 1st April, 1993 Primary allowance under sub-paragraph 9A (1) K72,000 Tax credit under sub-paragraph 9A(2) and 9A(3) K13,000 [As amended by Act No. 11 of 1992] Table 2 with effect from 1st April, 1993 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 95 Income Tax Act, 1967 (Chapter 323) Zambia Individual tax credit under sub-paragraph 9(1) K45,000 Table 3 with effect from 1st April, 1995 Individual tax credit under sub-paragraph 9(1) K60,000 Annexure "B" Part I (Sub-paragraph 10(1)(a)) Rate per centum 10 Part II Lump sum payments (Sub-paragraphs 10(1)(b), (c), (d) and (e)) Table 1 with effect from 1st April, 1969 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): The part of the balance of such income that— does not exceed K500 exceeds K500 but does not exceed K1,000 exceeds K1,000 but does not exceed K1,500 exceeds K1,500 but does not exceed K2,000 exceeds K2,000 but does not exceed K2,500 exceeds K2,500 but does not exceed K4,000

Section 16Verify source

Part

Part II

§ 30Losses ...................................................................................................................................................................................................... 13Provision

The text fragment lists income tax thresholds/amount bands, but it does not state a complete rule.

30.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 96 Income Tax Act, 1967 (Chapter 323) Zambia exceeds K4,000 but does not exceed K6,000 exceeds K6,000 but does not exceed K8,500 exceeds K8,500 but does not exceed K10,500 exceeds K10,500

Section 30Verify source

§ 60Amount of dividends, interest or royalties to be included in income ............................................................................. 26Amendment

This table sets income bands for the balance of income charged under specified sub-paragraphs, excluding sub-paragraph 10(1)(a).

60.0 Table 2 with effect from 1st April, 1978 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): The part of the balance of such income that— does not exceed K500 exceeds K500 but does not exceed K1,000 exceeds K1,000 but does not exceed K1,500 exceeds K1,500 but does not exceed K2,000 exceeds K2,000 but does not exceed K2,500 exceeds K2,500 but does not exceed K4,000 exceeds K4,000 but does not exceed K6,000 exceeds K6,000 but does not exceed K8,500 exceeds K8,500 but does not exceed K10,500 exceeds K10,000 but does not exceed K20,000 exceeds K20,000 but does not exceed K25,000 exceeds K25,000 but does not exceed K30,000 exceeds K30,000 [As amended by Act No. 26 of 1970]

Section 60Verify source

§ 90Refund or set-off of tax deducted from dividends, etc. ........................................................................................................ 44Provision

This excerpt shows part of Table 3 for income tax, listing income balance brackets and a reference to income charged under specific sub-paragraphs.

90.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 97 Income Tax Act, 1967 (Chapter 323) Zambia Table 3 with effect from 1st April, 1971 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): The part of the balance of such income that— does not exceed K500 exceeds K500 but does not exceed K1,000 exceeds K1,000 but does not exceed K1,500 exceeds K1,500 but does not exceed K2,000 exceeds K2,000 but does not exceed K2,500

Section 90Verify source

§ 20*** .............................................................................................................................................................................................................. 10Amendment

This section shows tax rate bands for amounts from over K2,500 up to over K20,000, but the actual percentage rates are not visible in the source text provided.

20.0 exceeds K2,500 but does not exceed K4,000 exceeds K4,000 but does not exceed K6,000 exceeds K6,000 but does not exceed K8,500 exceeds K8,500 but does not exceed K10,000 exceeds K10,000but does not exceed K15,000 exceeds K15,000 but does not exceed K20,000 exceeds K20,000 [As amended by Act No. 17 of 1971] Table 4 with effect from 1st April, 1973 Rate per centum

Section 20Verify source

§ 75Double taxation relief ....................................................................................................................................................................... 33Provision

This provision identifies parts of a balance of income, excluding income charged under sub-paragraph 10(1)(a), and sets two amount bands: up to K1,000 and over K1,000 up to K2,000.

Section 75Verify source

This text is a fragment of Table 5 in the Income Tax Act showing income band headings, but it does not include a complete rule.

20.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 98 Income Tax Act, 1967 (Chapter 323) Zambia exceeds K2,500 but does not exceed K4,000 exceeds K4,000 but does not exceed K6,000 exceeds K6,000 but does not exceed K8,000 exceeds K8,000 but does not exceed K10,000 exceeds K10,000 but does not exceed K12,000 exceeds K12,000 but does not exceed K16,000 exceeds K16,000 [As amended by Act No. 11 of 1973] Table 5 with effect from 1st April, 1974

Section 20Verify source

This section sets income brackets for the balance of income charged under sub-paragraphs 10(1)(b), (c), (d) and (e), excluding income charged under 10(1)(a).

75.0 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): The part of the balance of such income that— does not exceed K500 exceeds K500 but does not exceed K2,000 exceeds K2,000 but does not exceed K4,000 exceeds K4,000 but does not exceed K6,000 exceeds K6,000 but does not exceed K8,000 exceeds K8,000 but does not exceed K10,000 exceeds K10,000 but does not exceed K12,00 exceeds K12,000 [As amended by Act No. 11 of 1974] Table 6 with effect from 1st April, 1976

Section 75Verify source

§ 70Errors in form ....................................................................................................................................................................................... 31Amendment

This table sets income tax bands for the balance of income charged under sub-paragraphs 10(1)(b), (c), (d) and (e), excluding income under 10(1)(a).

70.0 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 99 Income Tax Act, 1967 (Chapter 323) Zambia The part of the balance of such income that— does not exceed K500 exceeds K500 but does not exceed K2,000 exceeds K2,000 but does not exceed K4,000 exceeds K4,000 but does not exceed K6,000 exceeds K6,000 but does not exceed K8,000 exceeds K8,000 but does not exceed K10,000 exceeds K10,000 but does not exceed K12,000 exceeds K12,000 [As amended by Act No. 14 of 1976] Table 7 with effect from 1st April, 1977

Section 70Verify source

This section sets income tax bands for the balance of income charged under certain sub-paragraphs, excluding income charged under sub-paragraph 10(1)(a).

75.0 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): The part of the balance of such income that-Rate per centum does not exceed K500 exceeds K500 but does not exceed K2,000 exceeds K2,000 but does not exceed K4,000 exceeds K4,000 but does not exceed K6,000 exceeds K6,000 but does not exceed K8,000 exceeds K8,000 but does not exceed K10,000 exceeds K10,000 but does not exceed K12,000 exceeds K12,000 [As amended by Act No. 9 of 1977]

Section 75Verify source

This provision sets income bands for the balance of income charged under specified tax sub-paragraphs, excluding income charged under sub-paragraph 10(1)(a).

75.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 100 Income Tax Act, 1967 (Chapter 323) Zambia Table 8 with effect from 1st April, 1979 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): The part of the balance of such income that— does not exceed K1,000 exceeds K1,000 but does not exceed K2,000 exceeds K2,000 but does not exceed K4,000 exceeds K4,000 but does not exceed K6,000 exceeds K6,000 but does not exceed K8,000 exceeds K8,000 but does not exceed K10,000 exceeds K10,000 but does not exceed K12,000 exceeds K12,000 [As amended by Act No. 10 of 1979] Table 9 with effect from 1st April, 1981

Section 75Verify source

This provision lists income-balance amount bands, starting with amounts up to K1,000 and then higher ranges up to K15,000.

70.0 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): The part of the balance of such income that— does not exceed K1,000 exceeds K1,000 but does not exceed K2,500 exceeds K2,500 but does not exceed K4,000 exceeds K4,000 but does not exceed K6,500 exceeds K6,500 but does not exceed K9,000 exceeds K9,000 but does not exceed K12,000 exceeds K12,000 but does not exceed K15,000

Section 70Verify source

§ 60Amount of dividends, interest or royalties to be included in income ............................................................................. 26Amendment

This section concerns the amount of dividends, interest, or royalties to be included in income and shows income bands above K15,000, K20,000, and K25,000.

60.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 101 Income Tax Act, 1967 (Chapter 323) Zambia exceeds K15,000 but does not exceed K20,000 exceeds K20,000 but does not exceed K25,000 exceeds K25,000 [As amended by Act No. 10 of 1981]

Section 60Verify source

§ 80Deduction of tax from interest and royalties ........................................................................................................................... 37Provision

Table 10 sets income threshold bands for amounts charged under specified sub-paragraphs, excluding sub-paragraph 10(1)(a), with effect from 1 April 1986.

80.0 Table 10 (without inducement allowance) with effect from 1st April, 1986 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): The part of the balance of such income that— does not exceed K2,000 exceeds K2,000 but does not exceed K5,500 exceeds K5,500 but does not exceed K10,000 exceeds K10,000 but does not exceed K15,500 exceeds K15,500 but does not exceed K22,000

Section 80Verify source

§ 45Notice to Commissioner-General .................................................................................................................................................. 21Amendment

This section shows tax rate bands for amounts above K22,000, K30,000, and K40,000, but the actual percentages are not included in the text provided.

45.0 exceeds K22,000 but does not exceed K30,000 exceeds K30,000 but does not exceed K40,000 exceeds K40,000 [As amended by Act No. 8 of 1986] Rate per centum

Section 45Verify source

§ 65Assessment rules ................................................................................................................................................................................. 29Amendment

This table sets income brackets for the balance of income charged under specified sub-paragraphs, with inducement allowance, from 1 April 1986.

65.0 Part II (Paragraph 10(3)) Table 11 (with inducement allowance) with effect from 1st April, 1986 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 102 Income Tax Act, 1967 (Chapter 323) Zambia does not exceed K2,000 exceeds K2,000 but does not exceed K5,500 exceeds K5,500 but does not exceed K10,000 exceeds K10,000 but does not exceed K15,500 exceeds K15,500 but does not exceed K22,000 exceeds K22,000 but does not exceed K30,000 exceeds K30,000 [As amended by Act No. 8 of 1986]

Section 65Verify source

This provision sets income band thresholds for Table 12 (without inducement allowance) starting 1 April 1988.

75.0 Table 12 (without inducement allowance) with effect from 1st April, 1988 Balance of income charged either under sub-paragraphs 10(1)(b), (c), (d) and (e) but excluding income charged under sub-paragraph 10(1)(a): does not exceed K2,000 exceeds K2,000 but does not exceed K4,500 exceeds K4,500 but does not exceed K8,000 exceeds K8,000 but does not exceed K12,500 exceeds K12,000 but does not exceed K17,000 exceeds K17,000 but does not exceed K23,000 exceeds K23,000 but does not exceed K30,000 exceeds K30,000 but does not exceed K40,000 exceeds K40,000 [As amended by Act No. ?? of 1988]

Section 75Verify source

§ 60Amount of dividends, interest or royalties to be included in income ............................................................................. 26Provision

This table lists income bands for the balance of income, without inducement allowance, effective from 1 April 1990.

60.0 Table 13 (without inducement allowance) with effect from 1st April, 1990 The balance of income that— By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 103 Income Tax Act, 1967 (Chapter 323) Zambia does not exceed K5,000 exceeds K5,000 but does not exceed K15,000 exceeds K15,000 but does not exceed K30,000 exceeds K30,000 but does not exceed K50,000 exceeds K50,000 but does not exceed K70,000

Section 60Verify source

§ 40*** .............................................................................................................................................................................................................. 18Provision

The amount is above K70,000 and does not exceed K100,000.

40.0 exceeds K70,000 but does not exceed K100,000

Section 40Verify source

§ 50Return of lodgers and inmates ...................................................................................................................................................... 24Amendment

This fragment refers to a balance of income that does not exceed K50,000.

50.0 [As amended by Acts No. 33 of 1989 and No. 12 of 1991] Table 14 with effect from 1st April, 1992 The balance of income that— does not exceed K50,000

Section 50Verify source

This text sets a monetary range: more than K50,000 and no more than K100,000.

15.0 exceeds K50,000 but does not exceed K100,000

Section 15Verify source

§ 35Preliminary business expenses ...................................................................................................................................................... 15Amendment

This table sets a tax rate entry for income balances not exceeding K6000,000, with effect from 1 April 1993.

35.0 [As amended by Act No. 11 of 1992] Table 15 with effect from 1st April, 1993 The balance of income that-Rate per centum does not exceed K6000,000

Section 35Verify source

This text identifies a monetary band: more than K600,000 and not more than K900,000.

15.0 exceeds K600,000 but does not exceed K900,000

Section 15Verify source

§ 35Preliminary business expenses ...................................................................................................................................................... 15Provision

This section refers to a balance of income not exceeding K900,000, with effect from 1 April 1995.

35.0 Table 16 with effect from 1st April, 1995 The balance of income that— By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 104 Income Tax Act, 1967 (Chapter 323) Zambia does not exceed K900,000

Section 35Verify source

This provision states a currency range: it exceeds K900,000 but does not exceed K1,200,000.

15.0 exceeds K900,000 but does not exceed K1,200,000

Section 15Verify source

§ 35Preliminary business expenses ...................................................................................................................................................... 15Amendment

A table applies to the balance of income that does not exceed K1,200,000.

35.0 [As amended by Act No. 7 of 1996] Table 17 with effect from 1st April, 1996 The balance of income that— does not exceed K1,200,000

Section 35Verify source

This provision sets an amount range: it exceeds K1,200,000 but does not exceed K1,800,000.

10.0 exceeds K1,200,000 but does not exceed K1,800,000

Section 10Verify source

This provision sets out Annexure C tax rates for persons other than individuals, trusts, deceased estates, and bankrupts’ estates, using tables effective from different dates.

30.0 [As amended by Act No. 7 of 1996] Annexure "C" Rates for persons other than individuals, trusts, deceaseds' estate and bankrupts' estate (Paragraph 11) Table 1 with effect from 1st April, 1968 So much of income as— does not exceed K200,000 exceeds K200,000 Table 2 with effect from 1st April, 1969 [As amended by Act No. 26 of 1970] Table 3 with effect from 1st April, 1976

Section 30Verify source

§ 45Notice to Commissioner-General .................................................................................................................................................. 21Amendment

This excerpt lists amended tax tables and their effective dates for manufacturing companies and other income.

45.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 105 Income Tax Act, 1967 (Chapter 323) Zambia [As amended by Act No. 9 of 1977] Table 4 with effect from 1st April, 1981 [As amended by Act No. 10 of 1979] Table 5 with effect from 1st April, 1981 [As amended by Act No. 10 of 1981] Table 6 with effect from 1st April, 1981 [As amended by Act No. 12 of 1982] Table 7 with effect from 1st April, 1984 [As amended by Act No. 8 of 1986] Table 8 with effect from 1st April, 1986 Manufacturing company Others [As amended by Act No. 14 of 1987] Table 10 with effect from 1st April, 1989 On income from manufacturing On other income

Section 45Verify source

§ 45Notice to Commissioner-General .................................................................................................................................................. 21Provision

This fragment refers to income of banks registered under the Banking and Financial Services Act, including income up to K10,000,000.

45.0 On income of all banks registered under the Banking and Financial Services Act: (i)i on income up to K10,000,000

Section 45Verify source

§ 45Notice to Commissioner-General .................................................................................................................................................. 21Provision

This text fragment refers to income in excess of K10,000,000.

45.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 106 Income Tax Act, 1967 (Chapter 323) Zambia (ii) on income in excess of K10,000,000

Section 45Verify source

§ 52*** .............................................................................................................................................................................................................. 24Provision

Table 11 states a rate per centum for income from manufacturing and other income, with effect from 1 April 1991.

52.5 Table 11 with effect from 1st April, 1991Rate per centum On income from manufacturing and other income

Section 52Verify source

§ 45Notice to Commissioner-General .................................................................................................................................................. 21Provision

The excerpt applies to income of banks registered under the Banking and Financial Services Act and refers to income bands up to K10,000,000 and above that amount.

45.0 On income of all banks registered under the Banking and Financial Services Act: (i)i on income up to K10,000,000 (ii) on income in excess of K10,000,000

Section 45Verify source

Table 12 applies, with effect from 1 April 1992, to income from manufacturing and other income.

52.5 [As amended by Act No. 29 of 1990] Table 12 with effect from 1st April, 1992 On income from manufacturing and other income

Section 52Verify source

This provision groups banks registered under the Banking and Financial Services Act into income bands up to K10,000,000 and above K10,000,000.

40.0 On income of all banks registered under the Banking and Financial Services Act: (i)i on income up to K10,000,000 (ii) on income in excess of K10,000,000

Section 40Verify source

§ 45Notice to Commissioner-General .................................................................................................................................................. 21Amendment

A table entry about income from manufacturing and other income, noted as amended and effective from 1 April 1994.

45.0 [As amended by Act No. 11 of 1992] Table 13 with effect from 1st April, 1994 On income from manufacturing and other income

Section 45Verify source

§ 35Preliminary business expenses ...................................................................................................................................................... 15Provision

This section concerns income for banks registered under the Banking and Financial Services Act and refers to income up to K100,000,000 and income in excess of K100,000,000.

35.0 On income of all banks registered under the Banking and Financial Services Act: (i)i on income up to K100,000,000 (ii) on income in excess of K100,000,000

Section 35Verify source

§ 45Notice to Commissioner-General .................................................................................................................................................. 21Amendment

This section is a heading for Table 14 on income from LUSE listed companies, with an amendment note and an effective date of 1 April 1996.

45.0 [As amended by Act No. 4 of 1993] Table 14 with effect from 1st April, 1996 On income from LUSE listed companies

Section 45Verify source

No substantive rule is stated in the provided text; it only identifies Section 30, “Losses.”

30.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 107 Income Tax Act, 1967 (Chapter 323) Zambia On income from manufacturing and other companies

Section 30Verify source

§ 35Preliminary business expenses ...................................................................................................................................................... 15Provision

This section refers to banks registered under the Banking and Financial Services Act and distinguishes income up to K100 million from income above K100 million.

35.0 On income of all banks registered under the Banking and Financial Services Act: (i)i on income up to K100 million (ii) on income in excess of K100 million

Section 35Verify source

§ 45Notice to Commissioner-General .................................................................................................................................................. 21Amendment

This section points to income tax rates for trusts, deceased persons’ estates, and bankrupts’ estates, but the text shown is incomplete.

45.0 [As amended by Act No. 7 of 1996] Annexure "D" Rates for trusts, deceaseds' estates and bankrupts' estates (Paragraph 12) Table 1 with effect from 1st April, 1969 The income of— a trust the estate of deceased person the estate of a bankrupt Table 2 with effect from 31st January, 1993 The income of— (1) (2)

Section 45Verify source

§ 35Preliminary business expenses ...................................................................................................................................................... 15Provision

The text lists amounts connected to a deceased's estate and a bankrupt's estate.

35.0 a trust a deceased's estate: ﬁrst K5,000,000 next K250,000 balance (3) a bankrupts' estate

Section 35Verify source

§ 35Preliminary business expenses ...................................................................................................................................................... 15Provision

The excerpt is incomplete and only shows the start of a tax table referring to the income of a trust and a bankrupt's estate.

35.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 108 Income Tax Act, 1967 (Chapter 323) Zambia Table 3 with effect from 1st April, 1996 The income of— (i) (ii) a trust a bankrupt's estate

Section 35Verify source

§ 35Preliminary business expenses ...................................................................................................................................................... 15Amendment

This annexure lists rates for public entertainment fees in Tables 1, 2, and 3.

35.0 Annexure "E" Rates for public entertainment fees Table 1 with effect from 1st April, 1971 Table 2 with effect from 1st April, 1977 [As amended byx Act No. 9 of 1977] Table 3 with effect from 1st April, 1993

Section 35Verify source

This section lists tables of withholding tax rates for interest and royalties and notes later amendments and repeals.

10.0 [As amended by Act No. 26c of 1970] Table 4 *** [Repealed by Act No. 7 of 1996] [Repealed by Act No. 7 of 1996] Annexure "F" Annexure "G" Rates for withholding tax on interest and royalties Table 1 with effect from 1st April, 1971 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 109 Income Tax Act, 1967 (Chapter 323) Zambia [As amended by Acts No. 17 of 1971 and No. 16 of 1972] Table 2 with effect from 26th January, 1973 [As amended by Act No. 11 of 1973] Table 3 with effect from 1st April, 1977 [As amended by Act No. 9 of 1977] Table 4 with effect from 1st April, 1985 Royalties Interest [As amended by Act No. 11 of 1985] Table 5 with effect from 1st April, 1992 Royalties Interest [As amended by Act No. 11 of 1992] Table 6 with effect from 1st April, 1993 Royalties Interest [As amended by Act No. 4 of 1993] Table 7 with effect from 1st August, 1995

Section 10Verify source

This text is a heading for a table in the Income Tax Act about royalties and interest, with an amendment note.

10.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 110 Income Tax Act, 1967 (Chapter 323) Zambia Royalties Interest [As amended by Act No. 18 of 1995] Table 8 with effect from 1st August, 1996 Royalties Interest

Section 10Verify source

The Commissioner-General must not include the listed dividend rates in an assessment.

15.0 Annexure "H" Rates for dividends which the Commissioner- General is prohibited from including in an assessment Table 1 with effect from 1st April, 1972 [As amended by Acts No. 16 of 1972 and No. 10 of 1979] Table 2 with effect from 26th January, 1973 [As amended by Act No. 11 of 1973] Table 3 with effect from 1st April, 1984 Companies and non-resident shareholders Resident shareholders [As amended by Act No. 11 of 1984] Table 4 with effect from 1st April, 1985Rate per centum

Section 15Verify source

§ 35Preliminary business expenses ...................................................................................................................................................... 15Provision

Section 35 is titled “Companies and non-resident shareholders.”

35.0 Companies and non-resident shareholders

Section 35Verify source

20.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 111 Income Tax Act, 1967 (Chapter 323) Zambia Resident shareholders

Section 20Verify source

This section only shows table headings for losses and amendment notes.

30.0 [As amended by Act No. 11 of 1985] Table 5 with effect from 1st April, 1991 Resident companies Non-resident shareholders Resident individual shareholders [As amended by Act No. 29 of 1990] Table 6 with effect from 1st April, 1993

Section 30Verify source

10.0 Non-resident shareholders not covered by Treaty

Section 10Verify source

This text appears to be a table heading about treaty rates for non-resident shareholders and resident shareholders.

10.0 Non-resident shareholders covered by Treaty Applicable Treaty rate [As amended by Act No. 4 of 1993] Table 7 with effect from 1st August, 1995 Resident shareholders

Section 10Verify source

§ 25Insurance business ............................................................................................................................................................................. 11Provision

This provision is titled “Non-resident shareholders not covered by Treaty.”

25.0 Non-resident shareholders not covered by Treaty

Section 25Verify source

Section title referring to non-resident shareholders covered by treaty.

25.0 Non-resident shareholders covered by Treaty

Section 25Verify source

Heading for Table 8 concerning resident shareholders, noted as amended and effective from 1 April 1996.

25.0 [As amended by Act No. 18 of 1995] Table 8 with effect from 1st April, 1996 Resident shareholders

Section 25Verify source

Section heading about non-resident shareholders not covered by treaty.

15.0 Non-resident shareholders not covered by Treaty

Section 15Verify source

Section 15 is titled “Non-resident shareholders covered by Treaty.”

15.0 Non-resident shareholders covered by Treaty

Section 15Verify source

This annexure lists rates for deducting tax from rent under section 82A, with tables that take effect on different dates.

15.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 112 Income Tax Act, 1967 (Chapter 323) Zambia Annexure "I" Rates for deduction of tax from rent under section 82A Table 1 with effect from 1st April, 1984 [As amended by Act No. 11 of 1984] Table 2 with effect from 1st April, 1985 [As amended by Act No. 11 of 1985] Table 3 with effect from 1st April, 1989 [As amended by Act No. 28 of 1988] Table 4 with effect from 1st April, 1993 [As amended by Act No. 2 of 1993] Table 5 with effect from 1st August, 1995 [As amended by Act No. 2 of 1995] Table 6 with effect from 1st April, 1996 [As amended by Act No. 7 of 1996]

Section 15Verify source

This excerpt is an annexure heading for withholding tax rates under sections 81A and 81B, with tables effective from specified dates.

15.0 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 113 Income Tax Act, 1967 (Chapter 323) Zambia Annexure "J" Rates for withholding tax under section 81A and 81B Table 1 with effect from 1st April, 1989 [As amended by Act No. 28 of 1988] Table 2 with effect from 1st April, 1992 [As amended by Act No. 11 of 1992] Table 3 with effect from 1st April, 1993 [As amended by Act No. 4 of 1993] Table 4 with effect from 1st April, 1994

Section 15Verify source

This provision is a withholding tax rate table reference, effective from 1 April 1995.

10.0 [As amended by Acts No. 14 of 1994 and No. 7 of 1996] Annexure "K" Rates for withholding tax under section 82A Table 1 with effect from 1st April, 1995 Rate per centum

Section 10Verify source

Amendment note for Table 2 and Table 3, with stated effect dates.

10.0 [As amended by Act No. 2 of 1995] Table 2 with effect from 1st August, 1995 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 114 Income Tax Act, 1967 (Chapter 323) Zambia [As amended by Act No. 27 of 1995] Table 3 with effect from 1st April, 1996 [As amended by Act No. 7 of 1996]

Section 10Verify source

This section is an index entry pointing to tax exemption cross-references in the schedules.

15.0 Part C Index to section Current Legislation ACCOUNTING YEAR FEE different tax year, 62 management or consultant, 2(1); 18(1)(h) ACCOUNTS AND RECORDS FORMS every person carrying on business must keep, 55 errors in, 70 AGENT FISHING assessment of, 67 averaging of income, 62A company's tax paying agent,69 deﬁnition of, 66(1) FRAUD payment of tax, 84 no time limit, 65 rights to recover, 68 ALIMONY deduction, 40 penalty, 102 GRATUITIES apportionment of, 21(1) By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 115 Income Tax Act, 1967 (Chapter 323) Zambia exemption, Second Schedule paragraph 7(h) income, First Schedule paragraph 1 HANDICAPPED PERSON deﬁnition, 2 ALLOWANCES personal allowances, Charging Schedule HIGH COURT appeal to, 111 INDIVIDUAL PAYMENT DATES payment of provisional tax, 77 INCOME ANNUITY income after cessation of business, 24 apportionment, 22 classiﬁcation, 17 and First Schedule capital element, Second Schedule paragraph 10 deemed received, 19 source deemed to be in Zambia, 18(4) insurance recovery, 23 APPEALS not recovery, 23 of partner, 26 extension of period for lodging, 109(2) provisions and reserves, 23 notice in writing, 109(1) receipt, 5 period of lodging 109(1) Court of Appeal, 111(3) INCORRECT RETURNS High Court, 111(1) penalty, 100 to tax revenue Board/Tax Appeal court, 110 By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 116 Income Tax Act, 1967 (Chapter 323) Zambia INDUSTRIAL BUILDING APPORTIONMENT OF INCOME deﬁnition, Fifth Schedule paragraph 1 business income, 22 initial allowance for, Fifth Schedule paragraph 3 compensation for loss of ofﬁce, 21(5); leave pay, 21(3) rates of initial, wear and tear allowances, Fifth Schedule pay in lieu of leave, 21(2) paragraph 18 APPROVED FUND INITIAL ALLOWANCE deduction for contributions to, 37 industrial buildings, Fifth Schedule paragraph 3 deﬁnition, 2 general provisions, Fourth Schedule INSOLVENCY priority on, 73 ARREARS OF SALARY when employee taxable, 21(4) INSURANCE ASSESSMENT Agent, of, 67 business, 25 and Third Schedule INTEREST appeal against, 109 deduction of tax from, 80; 82a estimated, 64 exempt, Second Schedule paragraph 9 not always necessary, 72 mortgage, 43c objection to, 108 rates of tax for non resident, paragraph 15 of Charging record of, 10 Schedule By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 117 Income Tax Act, 1967 (Chapter 323) Zambia refund or set off of tax deducted, 90 set-off, not alowable, 89A AVERAGING source deemed to be within Zambia, 18(e) farming and ﬁshing income, 62A source outside Zambia, 14 to be taxed gross, 60 AVOIDANCE by change in ownership of shares, 94 JOB CREDITS by non-distribution of dividends, 95 provision for, 90A by transations generally, 95A by trust, 97 JOINT RETURN loss, deductible, 96 partners, 61 BAD AND DOUBTFUL DEBTS LAND [please note: content cut off as in original] By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 118

Section 15Verify source

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3 referenced instruments

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By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 89 Income Tax Act, 1967
Section 16

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Income Tax (Employment) Regulations
Section 1

T–Z

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Table 5 in the Income Tax Act
Section 20

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Income Tax Act, 1967

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