by Great Paraxy | Nov 22, 2025 | Tax
📰 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...
by Great Paraxy | Nov 22, 2025 | Bookkeeping, Business
🛑 NSSA Garnishee Orders: How Businesses Can Navigate and Handle Enforcement The National Social Security Authority (NSSA) in Zimbabwe is mandated to collect contributions for the Pension and Other Benefits Scheme (POBS) and the Accident Prevention and Workers...
by Great Paraxy | Nov 22, 2025 | Accounting, Tax
🚨 ZIMRA Garnishee and the “Pay Now, Argue Later” Rule: A Taxpayer’s Reality in Zimbabwe In the landscape of Zimbabwean tax law, two principles stand out for their immediate and often severe impact on businesses and individuals: the power of...
by Great Paraxy | Nov 22, 2025 | Bookkeeping
An effective and multifaceted system of Withholding Taxes (WHT) is a cornerstone of Zimbabwe’s domestic revenue collection strategy. These taxes are an advance payment of income tax, collected at the source of the payment, which helps ensure compliance and...
