by Great Paraxy | Feb 12, 2026 | Business, Tax
The landscape of tax administration in Zimbabwe has undergone a seismic shift with the introduction of the Fiscalisation Data Management System (FDMS) and its integration with the Tax and Revenue Management System (TaRMS). This evolution reflects a broader regional...
by Great Paraxy | Feb 12, 2026 | Business, Tax
Navigating the Digital Tax Frontier: What TaRMS and FDMS Mean for Businesses The implementation of the Tax Risk Management System (TaRMS) and the Financial Data Management System (FDMS) marks a significant shift in the landscape of tax compliance. With the automation...
by Great Paraxy | Feb 12, 2026 | Tax
Statutory Instrument (SI) 15 of 2024, gazetted on February 9, 2024, serves as a major refining act for Zimbabwe’s Value Added Tax (VAT) framework. It effectively repeals the First Schedule of the principal regulations and replaces it with a comprehensive list...
by Great Paraxy | Feb 12, 2026 | Business, Tax
In Zimbabwe’s ongoing effort to balance fiscal revenue with the need for affordable living, Statutory Instrument (SI) 248 of 2023 stands as a pivotal piece of legislation. Published on December 29, 2023, this SI introduced significant amendments to the Value Added Tax...
by Great Paraxy | Feb 12, 2026 | Business, Tax
The Bitter Pill: Unpacking VAT Implications for Pharmaceuticals in Zimbabwe The Zimbabwean pharmaceutical sector, a critical pillar of public health, operates within a complex tax landscape. While the intent behind many tax policies is to generate revenue, their...
