by Great Paraxy | May 13, 2025 | Tax
Registration in Retrospective- Value Added Tax (VAT). Retrospective VAT registration with the Zimbabwe Revenue Authority (ZIMRA) occurs when a business is required to register for VAT but fails to do so by the statutory deadline. ZIMRA may then enforce backdated...
by Great Paraxy | May 13, 2025 | Tax
All audits are stressful, but of all audits, Zimbabwe Revenue Authority (ZIMRA) audits are the worst. ZIMRA officers are the most scary enforcers businesses hate. The moment they do client visits, businesses are gripped with fear. But, we are here assuring to...
by Great Paraxy | May 9, 2025 | Tax
It is very frustrating to be issued a Tax Clearance Certificate on TaRMS (Tax and Revenue Management System) platform, valid only for 1 month. Why are you getting a 1 month Tax Clearance Certificate. If you are TaRMS is issuing you a 1 month valid Tax Clearance...
by Great Paraxy | May 9, 2025 | Tax
We have had a lot of online enquiries on how to renew Tax Clearance Certificate in TaRMS.To renew your tax clearance certificate with the Zimbabwe Revenue Authority (ZIMRA) through the TaRMS platform, you generally need to follow these steps: 1. Access the TaRMS...
by Great Paraxy | Apr 16, 2025 | Tax
As we approach the due date for the 2024 Income tax return, we have decided to explore some of the mistakes which taxpayers make when they are doing their income tax computations. Income Tax and VAT Turnovers Reconciliation. The reconciliation of Income Tax and Value...
