by Great Paraxy | Dec 21, 2025 | Tax
Understanding Capital Gains Tax in Zimbabwe Capital Gains Tax (CGT) is a critical component of Zimbabwe’s fiscal landscape, ensuring that value appreciation in significant assets contributes to the national treasury. Governed by the Capital Gains Tax Act [Chapter...
by Great Paraxy | Dec 21, 2025 | Tax
In Zimbabwe, Capital Gains Tax (CGT) is a tax levied on the profit (gain) realized from the sale or disposal of a “specified asset.” It is governed by the Capital Gains Tax Act [Chapter 23:01].The tax is not charged on the total selling price, but rather...
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....