by Great Paraxy | Dec 11, 2024 | Tax
Major Tax Proposals in 2025 Finance Bill. On Thursday 28th November, 2024 the Minister of Finance, Economic Development and Investment Promotion presented the 2025 budget statement in the National Assembly. The budget has a number of new tax proposals. Most will...
by Great Paraxy | Nov 19, 2024 | Tax
Examining the Major changes brought by Finance Act No 2 of 2024. Not much was changed from the Finance Bill, H.B. 8, 2024, except fees on some presumptive taxes. It seams the house head the please of thousand informal traders who were not happy with the fees which...
by Great Paraxy | Oct 30, 2024 | Bookkeeping
What is the Pensions and Other Benefits Scheme? The Pension and Other Benefits Scheme (POBS), formerly referred to as National Pension Scheme (NPS), is a social security scheme whose main objective is to provide cash benefits to insured persons during periods of...
by Great Paraxy | Sep 29, 2024 | Tax
What is Non-resident shareholders tax (NRST)? Non-resident shareholders tax is tax levied on dividend accruing to a person who is non-resident of Zimbabwe. Who is a Non-resident? A Non-Resident means – a person, other than a company, who; or a partnership or...
by Great Paraxy | Sep 21, 2024 | Tax
ZIMRA audits are a routine part of ensuring tax compliance. They can be a stressful experience, but with proper preparation and understanding, you can navigate them effectively. Common Reasons for Audits Risk Assessment-ZIMRA may target businesses based on factors...
