The shift in the Value Added Tax (VAT) rate from 15% to 15.5%, as stipulated in the Finance Act, 2025 (Act No. 7 of 2025), presents a significant, though seemingly small, technical challenge for businesses. A successful migration requires meticulous planning across...
The Compliance Crucible: Navigating the Tax Revolution of the Finance Act, 2025 The Finance Act, 2025 (Act No. 7 of 2025), effective largely from January 1, 2026, is not merely an annual fiscal adjustment; it is a legislative mandate for a fundamental shift in...
Understanding Capital Gains Tax in Zimbabwe Capital Gains Tax (CGT) is a critical component of Zimbabwe’s fiscal landscape, ensuring that value appreciation in significant assets contributes to the national treasury. Governed by the Capital Gains Tax Act [Chapter...
In Zimbabwe, Capital Gains Tax (CGT) is a tax levied on the profit (gain) realized from the sale or disposal of a "specified asset." It is governed by the Capital Gains Tax Act [Chapter 23:01].The tax is not charged on the total selling price, but rather on the...
In Zimbabwe’s tax framework, a Tax Credit is a powerful incentive for corporates. Unlike a tax deduction (which only reduces the amount of income subject to tax), a tax credit is a dollar-for-dollar reduction of the actual income tax you owe. While many business...
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