Business

Zambia Revenue Authority Announces Higher Property Transfer and Rental Income Taxes for 2025

The Zambia Revenue Authority (ZRA) has announced increases to both Property Transfer Tax and Rental Income Tax, effective from 1st January 2025. This marks the first change to rental income tax since its introduction in 2022, signalling a potential shift in the government's revenue collection strategy. Key Changes: Property Transfer Tax: This tax, applied to sales of land, buildings, and shares,...

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