6
(c) one hundred and eighty United States dollars per month, in the case of a motor
vehicle whose capacity exceeds two thousand cubic centimetres but does not
exceed three thousand cubic centimetres;
(d) three hundred and sixty United States dollars per month, in the case of a motor
vehicle whose capacity exceeds three thousand cubic centimetres:
Provided that—
(i) if a visitor to Zimbabwe stays in Zimbabwe for a longer period than the
period for which he or she originally paid carbon tax, he or she shall, at
any time before leaving Zimbabwe, pay the additional carbon tax in
respect of such vehicle to the Zimbabwe Revenue Authority in foreign
currency as provided in this subsection;
(ii) where any amount of carbon tax may require payment to be made in
coins, the Commissioner-General is authorised to increase or reduce the
amount to the nearest figure to enable payment to be made in notes only;
(iii) if the period during which a visitor stays in Zimbabwe begins in one
calendar month and continues to the next calendar month without
exceeding thirty days, one month’s carbon tax shall be payable.".
5
Amendment of Schedule to Chapter I of Cap. 23:04
With effect from the year of assessment beginning on the 1st January, 2006, the Schedule
("Credits and Rates of Income Tax") to Chapter I of the Finance Act [Chapter 23:04] is
amended—
(a) by the repeal of Part I and the substitution of—
"PART I
CREDITS
Section
Nature of credit
Specified
amount
$
10
Credit for taxpayers over 59 years of age .............................................
12 000 000
11
Blind persons credit ............................................................................
12 000 000
13
Mentally or physically disabled persons credit .....................................
12 000 000";
(b) in Part II—
(i) by the deletion of the items relating to the level of taxable income and the
substitution of—
"Section
Level of taxable income
Specified
percentage
%
14(2)(a)(i)
Up to $84 000 000 ..............................................................................
0
14(2)(a)(ii)
$84 000 001 to $192 000 000 ............................................................
20
14(2)(a)(iii)
$192 000 001 to $336 000 000 ..........................................................
25