Zimbabwe Tax Calculators · PAYE → ITF 16
PAYE → ITF 16 Reconciliation Helper
Total your 12 monthly P2 returns, compare to the year-end ITF 16, and see whether to amend a prior P2, settle in next month's P2, or wait for ITF 16 to absorb the variance.
Year totals
All figures USD (or single-currency equivalent). For dual-currency reconciliations, run this once for each stream.
Sum of monthly P2s actually filed and paid.
PAYE recomputed on the cumulative annual basis.
Auto if blank: 3% of P2 total.
Medical-aid credits etc.
How the recon flows
1
Sum 12 monthly P2s
Pull PAYE + AIDS levy from each P2 return as filed.
2
Recompute on annual basis
Apply the annual PAYE table (USD bands × 12) to total annual taxable income, less annual credits and exemptions.
3
Compute the variance
Variance = ITF 16 PAYE − (P2 total − credits)
4
Choose your remedy
Small variance (<3%): catch up in next month's P2. Larger: amend prior P2s. Material: file ITF 16 with full explanation.
5
Pay or claim refund
If P2s under-paid, balance due. If over-paid, refund or carry-forward via ITF 16.
Statutory anchors
- Income Tax Act [Chapter 23:06] — PAYE Schedule
- ZIMRA P6 (employee tax certificate), P2 (return), ITF 16 (annual)