by Great Paraxy | Dec 13, 2022 | Tax
Computations of Employees Tax:Pay As You Earn (PAYE). to understand calculation of Pay As You Earn (PAYE), we need to understand the PAYE system. The PAYE system is a method of paying Income Tax on remuneration.The employer is responsible for the calculation of the...
by Great Paraxy | Dec 13, 2022 | Tax
Understanding Pay As You Earn (PAYE) System in Zimbabwe. Pay As You Earn, mainly known as PAYE is tax levied on income of an individual from employment.The PAYE system is a method of paying Income Tax on remuneration. The employer is mandated to deduct tax from salary...
by Great Paraxy | Dec 12, 2022 | Bookkeeping, Tax
Quarterly Payments Dates (QPD’s). Quarterly payments Dates, QPD’s as mostly know by taxpayers, are dates for which tax payers pay their provisional tax. Income tax is paid on quarterly basis. The tax is paid in advance on 25 March, 25 June, 25 September...
by Great Paraxy | Dec 9, 2022 | Company Formation
Why you should register your company as a Private Limited Company (PLC) in Zimbabwe? The Private Limited company is the most familiar company structure in Zimbabwe. This is clear from the huge number of Private Limited companies that are registered every year in...
by Great Paraxy | Dec 9, 2022 | Company Formation
Differences between a PLC and PBC. When forming a business in Zimbabwe it is vital to figure out what type of business you would want to incorporate under. You have to decide between a Private Limited Company (Pvt Ltd) or a Private Business Corporation. It is...
