Finance Act, Act No. 8 of 2022

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PDF icon Act No. 8 of 2022 FINANCE ACT.pdf

Gazetted 24-10-2022

Ministry of Finance and Economic Development

26/08/22

: Date of gazetting [link]. 

18/08/22

: Bill introduced to the National Assembly

18/08/22

: First reading

18/08/22

: Bill referred to Parliamentary Legal Committee

23/08/22

Debates and reading of Committee Reports

30/08/22

: PLC issued a non-adverse report

30/08/22

: Bill’s Second Reading

31/08/22

: Committee Stage

31/08/22

: Consolidated version of the Bill after amendments[link]. 

01/09/22

: Third Reading

01/09/22

: Bill passed by National Assembly

01/09/22

: Bill transmitted to Senate

06/09/22

:2nd reading of the Bill

07/09/22

: Committee Stage

07/09/22

: Third Reading

07/09/22

: Bill sent back to the National Assembly

20/09/22

: National Assembly re-opened committee stage and adopted the amendments

20/09/22

: Bill sent to PLC for consideration of amendments

20/09/22

: PLC issued a non-adverse report

20/09/22

: Third reading by National Assembly

20/09/22

: Bill passed by the National Assembly

20/09/22

: Bill sent back to the Senate

27/09/22

: Bill passed by Senate

24/10/22

: Bill Gazetted as Act[link]

 
To make further provision for the revenues and public funds of Zimbabwe;
and to provide for matters connected therewith or incidental thereto.
ENACTED by the Parliament and the President of Zimbabwe.
PART I
Preliminary
1 Short title
This Act may be cited as the Finance Act, 2022.
PART II
Income Tax
Amendments to Chapter I of Finance Act [Chapter 23:04]
2 Amendment of section 14 of Cap. 23:04
(1) Section 14 (“Income tax for periods of assessment after 1.4.88”) (2)(a) of the Finance Act [Chapter 23:04] is amended with effect from 1st August in the year of assessment beginning on the 1st January, 2022, by the repeal of items (i) to (vi) and the substitution of—
 
 

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