by Great Paraxy | Jan 23, 2026 | Tax
A significant shift is occurring in Zimbabwe’s transport sector as ZIMRA (Zimbabwe Revenue Authority) moves to transition transporters from the “fixed” Presumptive Tax regime to a more formal Income Tax system. While Presumptive Tax was designed for...
by Great Paraxy | Jan 23, 2026 | Business, Tax
In Zimbabwe’s 2026 fiscal year, the Finance Act (No. 7) of 2025 has introduced a game-changing—and controversial—mechanism to formalize the shadow economy: the Presumptive Rental Tax.This is not just a new tax; it is a fundamental shift in how ZIMRA (Zimbabwe...
by Great Paraxy | Jan 23, 2026 | Business, Tax
As Zimbabwe moves deeper into 2026, the fiscal landscape is being reshaped by the Finance Act (No. 7) of 2025. Two of the most talked-about pillars of this legislation are the aggressive incentives for Business and Knowledge Process Outsourcing (BPO/KPO) and the...
by Great Paraxy | Jan 21, 2026 | Business, Tax
The Finance Act No. 7 of 2025 and the 2026 National Budget represent a major overhaul of Zimbabwe’s tax system. The strategy shifts away from broad tax holidays toward a “compliance-first” model, focusing on digitizing the tax net and closing loopholes in...
by Great Paraxy | Jan 21, 2026 | Business, Tax
Under the Finance Act (No. 7) of 2025 (which supports the 2026 National Budget), the tax landscape in Zimbabwe remains focused on revenue mobilization and local participation. While the general Indigenisation and Economic Empowerment Act was significantly liberalized...