Zambia: First quarter 2022 provisional income tax return due dates and related penalties

Due dates and related penalties for purposes of the first quarter provisional income tax returns for the 2022 tax year

First quarter 2022

The following due dates and related penalties apply for purposes of the first quarter provisional income tax returns for the 2022 tax year:

  • Return submission and payment due dates - The first quarter provisional income tax return for the 2022 tax charge year is due on 31 March 2022, and the provisional income tax payment is due on 10 April 2022.
  • Late-return submission penalty - Late submission of the provisional income tax return attracts a penalty of ZMW600 per month or part thereof.
  • Late-payment penalty and interest - A 5% late-payment penalty per month or part thereof, and late-payment interest at 2% above the Bank of Zambia discount rate, will apply on late payment of provisional tax.
  • Under-estimation penalty - Payment of at least two-thirds of the final corporate income tax liability in provisional taxes is required. Failure to do so results in a 25% under-estimation penalty. 

Read a March 2022 report prepared by the KPMG member firm in Zambia


The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.