by Great Paraxy | Feb 20, 2024 | Business
Register with Procurement Regulatory Authority of Zimbabwe (PRAZ) and participate in public tenders. To participate in tenders, one needs to register with PRAZ. The Procurement Regulatory Authority of Zimbabwe is mandated, in line with Section 6(1) (Public Procurement...
by Great Paraxy | Feb 20, 2024 | Tax
A Fiscal Tax Invoice is a specific type of tax invoice issued by a Registered Operator ( a person registered with ZIMRA for Value Added Tax) for supplying taxable supplies. With effect from 1 January 2022, under FINANCE (No. 2) ACT of 2022, a tax invoices were...
by Great Paraxy | Feb 7, 2024 | Tax
All TaRMS Frequently Asked Questions. How do I change my email address in TaRMS? Go to Tax Payer information –Tax Payer Profile-General information-Change Status I’m not receiving verification code on SMS. Kindly select ZWE from the drop down menu, and enter...
by Great Paraxy | Feb 7, 2024 | Tax
What is TaRMS? TaRMS stands for Tax and Revenue Management System. It’s a recently launched (October 2023) online platform by the Zimbabwe Revenue Authority (ZIMRA) to automate and simplify tax processes for both taxpayers and ZIMRA officials. It replaces the...
by Great Paraxy | Jan 22, 2024 | Business, Tax
2024 VAT Registration Requirements in Zimbabwe. Are you a business dealing in taxable supplies and you have surpassed or you will surpass a threshold of US$25,000.00 in your year of assessment? Note that you should register for Value Added Tax (VAT). What are...