Understanding Tax Credits for Individuals in Employment in Zimbabwe In the Zimbabwean tax system, tax credits are a powerful way for individuals to reduce their tax liability. While a "deduction" reduces the income that is subject to tax, a "credit" is a...
Keeping Your Business in the Light: A Layman’s Guide to ZIMRA Tax Compliance In the world of business, your focus is usually on growth, sales, and customer satisfaction. However, behind the scenes, there is a silent partner that requires regular attention: the...
This public notice from ZIMRA represents a significant shift toward real-time compliance monitoring and automation. By moving to a monthly validity period for Tax Clearance Certificates (ITF263), the tax authority is effectively placing businesses under constant...
This public notice marks a transformative shift in Zimbabwe’s tax administration. By moving from annual or quarterly clearances to a monthly automated cycle, ZIMRA is effectively implementing a "Real-Time Compliance" framework. Here is a detailed analysis of the...
The mandatory registration for Value Added Tax (VAT) fundamentally changes a business's cost structure and, consequently, its pricing strategy in Zimbabwe. Here we give an analysis of how VAT registration impacts pricing for businesses in Zimbabwe, focusing on the...
Feel free to follow us on social media for the latest news and more inspiration.