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News: Tax

VAT Registration and Responsibilities.

VAT Registration and Responsibilities.

Who is liable to register for VAT? Any person who trades in taxable supplies and whose annual taxable turnover exceeds or is likely to exceed US$40,000.00 or ZWL equivalent within a period of 12 months is required to register for VAT. How to register for VAT in...

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Borrowing Tips

Do you Plan Borrowing? Then you need to read this. Shop around and compare offers from different lenders. This will help you get the best interest rate and terms. Only borrow what you need. Don't borrow more money than you can afford to repay. Make sure you understand...

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What your Business require to get a Loan from the Bank?

Credit Requirements by Banks in Zimbabwe. The Bank will perform due diligence on the Borrowing Client/ Company based on the following information which is supposed to be submitted to the Bank at the time of facility application. An application letter stating the...

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ZIMRA VAT Interfacing-VAT Registration

What is ZIMRA VAT Interfacing? ZIMRA VAT Interfacing is a system that allows registered VAT operators in Zimbabwe to interface their fiscal devices with the Zimbabwe Revenue Authority (ZIMRA) servers. This allows ZIMRA to collect VAT in real time and to verify the...

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