Taxable Benefits Calculator Zambia

Severance Pay: Minimum 15 days pay per year of service
Gratuity: 25% of basic salary for permanent employees
Redundancy: Minimum 2 months pay per year served
Leave Pay: Payment for unused annual leave
Medical Termination: Tax-exempt lump sum payment

Calculate severance pay and termination benefits based on Zambia employment laws.

Terminal Benefits Amount

Total severance pay based on years of service

Monthly Equivalent

Monthly salary equivalent of your benefits

Terminal benefits are calculated based on Zambia employment law provisions.
Severance pay is typically calculated as a multiple of salary for each completed year of service.
Lump sum payments may be made to employees on termination of employment.
Different rates may apply for redundancy, medical termination, or voluntary separation.
Tax implications vary by country - consult local tax authorities for specific guidance.
Always refer to your employment contract and local labor laws for precise calculations.