by Great Paraxy | Nov 21, 2025 | Tax
The Two Sides of VAT: Benefits and Limitations of Registration in Zimbabwe Value Added Tax (VAT) is a consumption tax charged on the supply of most goods and services in Zimbabwe. Administered by the Zimbabwe Revenue Authority (ZIMRA), registration becomes...
by Great Paraxy | Nov 20, 2025 | Bookkeeping, Business
đź“ť Know Your PRAZ Registration Categories For businesses looking to register with the Procurement Regulatory Authority of Zimbabwe (PRAZ), understanding the correct categories is essential. The article outlines the comprehensive list of categories for the registration...
by Great Paraxy | Nov 8, 2025 | Accounting, Tax
The Zimbabwe Revenue Authority (ZIMRA) uses a combination of factors to select businesses for a Value Added Tax (VAT) audit. The selection is typically driven by a risk-based assessment, but can also occur randomly or due to specific triggers. đźš© Discrepancies and...
by Great Paraxy | Nov 6, 2025 | Tax
Navigating ZIMRA Audits: Moving from Fear to Confidence The initial statement captures the common sentiment perfectly: ZIMRA audits are often a source of intense stress and fear for Zimbabwean businesses. This fear stems from the power ZIMRA holds to impose...
by Great Paraxy | Nov 6, 2025 | Accounting, Tax
The ZIMRA Voluntary Disclosure Program (VDP) is one of the most powerful tools a business has to manage and mitigate audit risk. It directly supports the article’s message that ZIMRA officers are understanding, provided the taxpayer demonstrates good faith. Here...
