Pay As You Earn
The Pay As You Earn (PAYE) system is a method of paying Income Tax on employee salary remuneration. Every employer is mandated to deduct tax from their employees’ salaries and remit the same to ZIMRA monthly. PAYE tax head is inevitable where there is employment.
Like any other Tax, failing to file PAYE returns is a chargeable offense against the Company.
What We Do For You
- Accurate computation of the correct Payroll Tax Liability (PAYE) in accordance with the requirements of the Income Tax Act.
- Timely Monthly e-filing of the PAYE Returns (P2) on the ZIMRA E-Portal
- Timely filing of the year-end Final PAYE Return (ITF16 ) with the Commissioner.
- Maintaining the PAYE Reports on your behalf
- Helping resolve any PAYE related issues with ZIMRA.
What We Need From You
- Supply of updated Employee details – Names, ID Number, Date of Birth, Engagement date, Termination date, Employee Number etc.
- Timely supply of your Payroll information
- Timely payment of the PAYE Liability to ZIMRA
