by Great Paraxy | Dec 21, 2025 | Tax
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...
by Great Paraxy | Dec 21, 2025 | Tax
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...
by Great Paraxy | Dec 21, 2025 | Business, Regulations
In Zimbabwe, the National Employment Council (NEC) is the backbone of industrial relations. It is a bipartite body—consisting of representatives from both employer associations and trade unions—that regulates wages and working conditions within a specific industry....
by Great Paraxy | Dec 21, 2025 | Bookkeeping, Business
The Mining Industry Pension Fund (MIPF) is one of Zimbabwe’s longest-standing social security pillars, established in 1952. For any business operating in the mining sector, understanding the legalities surrounding the MIPF is not just a matter of human resources—it is...
by Great Paraxy | Dec 19, 2025 | Business
The Shield and the Scale: Why Your Business Needs the NEC in Zimbabwe A common question among new entrepreneurs in Zimbabwe is: “Why should I pay the NEC? Is it just another tax?” The National Employment Council (NEC) is not a tax body like ZIMRA. Instead,...
