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Treasury refuses to relax tax thresholds

HARARE – Finance minister Mthuli Ncube has refused to relax non-taxable income thresholds to $400 saying Treasury needs every penny it can raise to respond to the tough budgetary environment. In his 2019 national budget, Ncube proposed to raise the non-taxable income from $300 to $350. But during debate on the Finance Bill, lawmakers felt…

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