PAYE & Net Salary Calculator
Built for Zimbabwe's dual-currency reality. Enter what you earn in USD, what you earn in ZiG, or both at once — each stream is taxed separately using its own bands, exactly as ZIMRA assesses.
How are you paid?
Pick the currencies you receive. The relevant input panels appear below.
USD US Dollar salary
Enter the USD portion of your gross monthly remuneration.
ZiG Zimbabwe Gold salary
Enter the ZiG portion of your gross monthly remuneration.
How dual-currency PAYE works
Treat each currency as its own pay-run
ZIMRA's dual-currency PAYE method (Public Notice 56 of 2024 and successor notices) requires the employer to compute PAYE separately on the USD stream and on the ZiG stream. They are not merged.
Apply the band table for that currency
USD bands are set in USD. ZiG bands are the USD bands multiplied by the rate published by the Minister of Finance for the period. Each stream uses its own deductions per band.
Apply per-currency credits and exemptions
The bonus exemption (USD 700 / ZiG equivalent) is split per currency. Pension cap and medical-aid credit also apply per currency.
Add AIDS levy in each stream
The 3% AIDS levy is computed on PAYE in each currency. USD AIDS is paid in USD; ZiG AIDS is paid in ZiG.
Remit to ZIMRA in the currency earned
Employers submit one P2 schedule covering both streams, paying the USD tax in USD and the ZiG tax in ZiG. The ITF 16 reconciliation at year-end is also currency-segregated.
USD PAYE bands (monthly)
| Monthly USD income | Rate | Deduct |
|---|---|---|
| 0 – 100 | 0% | — |
| 101 – 300 | 20% | 20.00 |
| 301 – 1,000 | 25% | 35.00 |
| 1,001 – 2,000 | 30% | 85.00 |
| 2,001 – 3,000 | 35% | 185.00 |
| 3,001 + | 40% | 335.00 |
ZiG PAYE bands (monthly)
USD bands × the official multiplier (default 20). Adjust the multiplier on the left if the gazetted rate has moved.
| Monthly ZiG income | Rate | Deduct |
|---|---|---|
| 0 – 2,000 | 0% | — |
| 2,001 – 6,000 | 20% | 400.00 |
| 6,001 – 20,000 | 25% | 700.00 |
| 20,001 – 40,000 | 30% | 1,700.00 |
| 40,001 – 60,000 | 35% | 3,700.00 |
| 60,001 + | 40% | 6,700.00 |
Statutory anchors
- Income Tax Act [Chapter 23:06] — Schedules and PAYE rules
- Finance Act 2026 — current bands and credits
- ZIMRA Public Notice 56 of 2024 — dual-currency PAYE methodology
- NSSA Notice — insurable earnings ceiling