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 | Tax, Business
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 | Regulations, Bookkeeping
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...
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...
