by Great Paraxy | Nov 24, 2025 | Bookkeeping
đź“° NSSA Cracks Down on Non-Compliance: Businesses Face Crippling Daily Penalties for Late P4 Returns The National Social Security Authority (NSSA) has significantly ramped up its enforcement efforts, subjecting employers to steep penalties for the late...
by Great Paraxy | Nov 24, 2025 | Tax
The dangers of not updating your Zimbabwe Revenue Authority (ZIMRA) tax returns are significant and can lead to severe financial, legal, and operational consequences. We have listed the primary risks associated with non-compliance: ⚠️ Financial Penalties and Interest...
by Great Paraxy | Nov 23, 2025 | Tax
The Zimbabwe Revenue Authority (ZIMRA) has transitioned to the Tax and Revenue Management System (TaRMS), which has made the issuance of the Tax Clearance Certificate (TCC) largely automatic for compliant taxpayers. For a 2026 TCC, the requirements are essentially to...
by Great Paraxy | Nov 22, 2025 | Tax
đź“° Landmark Victory for Nestle as Court Overturns Most of ZIMRA’s $16 Million Tax Claim Harare, Zimbabwe – In a significant ruling for multinational corporations and an important clarification on deductible business expenses, the Special Court for Income...
by Great Paraxy | Nov 22, 2025 | Bookkeeping, Regulations
NSSA penalties can quickly turn a small arrear into a crippling debt for a business. The rates and penalties are stipulated in the relevant Statutory Instruments (SIs) for the Pension and Other Benefits Scheme (POBS) and the Accident Prevention and Workers...
