by Great Paraxy | Jan 14, 2025 | Tax
Did you know that in terms of the enactments, a taxpayer has a remedy to object and appeal to an assessment which he deems is not fair to him. It is common for taxpayers to receive tax assessments from the Zimbabwe Revenue Authority (ZIMRA) and be asked by the tax...
by Great Paraxy | Jan 11, 2025 | Tax
What is a Tax Clearance certificate? it is a certificate issued by the Zimbabwe Revenue Authority (ZIMRA) to tax payers who are compliant with all their tax obligations. Who are Taxpayer? A taxpayer is a person who is registered with ZIMRA and is liable to pay tax....
by Great Paraxy | Jan 1, 2025 | Business, Tax
The Finance (No. 2) Act, Act No. 7 of 2024 is out and as a complaint business you should take note of the following changes. Lets dive into the changes. Major 2025 Zimbabwean Tax changes for your business to be aware. Review of PAYE tax bands in local currency Income...
by Great Paraxy | Dec 13, 2024 | Bookkeeping, Regulations
Pensions and Other Benefits Scheme (POBS). The Pensions and Other Benefits Scheme offers Short Term and Long -Term Benefits. Currently payment of Short-Term Benefits is decentralized to the six Regional Offices, whereas payment of Long-Term benefits (pensions) is...
by Great Paraxy | Dec 13, 2024 | Bookkeeping, Regulations
What is the Accident Prevention and Workers Compensation Scheme? The Accident Prevention and Workers’ Compensation Scheme (APWCS), formerly referred to as Workers’ Compensation Insurance Fund (WCIF) is a Social Security Scheme, whose main objective is to prevent...