THE Zambia Revenue Authority (ZRA) says only about seven percent of employees will be affected by the proposed increase in the top Pay As You Earn (PAYE) tax rate from 37 percent to 39.5 percent in 2027. ZRA Commissioner General Dingani Banda adds that about 53 percent of employees do not pay PAYE because their earnings fall within the tax-free threshold of K5,100 per month. Meanwhile, Banda says ZRA is targeting K201.4 billion in revenue collection in 2027, accounting for 70.7 percent of the proposed national budget. Speaking during the 2027 National Budget Symposium, Monday, Banda said only those earning above K37,000 would be affected by the increase in PAYE tax, while 93 percent of employees would not be affected....