In Zimbabwe, both corporate and personal income are taxed. The corporate income tax rate is 24% for resident companies and 20% for non-resident companies. Personal income tax rates are progressive, ranging from 0% to 40%. There are also value-added tax (VAT), capital gains tax, and withholding tax on certain types of income.

The process of tax payment in Zimbabwe involves the submission of tax returns and payment of taxes to the Zimbabwe Revenue Authority (ZIMRA). Tax returns are usually due on the 30th of April for individuals and the 30th of June for companies. The tax year runs from 1st January to 31st December.

Employers are required to withhold taxes from their employees' salaries and remit them to ZIMRA on a monthly basis. In addition, companies and individuals are required to make provisional tax payments twice a year, with the first payment due by the 30th of June and the second by the 31st of December.

Late payment of taxes may attract penalties and interest, while failure to pay taxes altogether may result in legal action by ZIMRA. It is important for taxpayers to comply with their tax obligations and submit their returns on time to avoid penalties and other consequences.