Simple Tax Planning Techniques for your Business.

Simple Tax Planning Techniques for your Business.

What is Tax Planning? Tax Planning is considering the tax implications of individual or business decisions with goal of minimizing the tax liability. The process of setting goals, developing strategies to reduce tax liability of the business or individual. Tax laws...
Understanding Withholding Tax on Tenders.

Understanding Withholding Tax on Tenders.

Withholding Tax on Tenders. Withholding tax on tender is a tax which is deducted by payer from suppliers without a valid tax clearance certificate. The tax is guided by Section 80 of Income Tax Act. What percentage is withholding tax on tenders in Zimbabwe?...
2023 Tax Clearance Certificate Processing.

2023 Tax Clearance Certificate Processing.

2023 Tax Clearance Certificate Processing. The Zimbabwe Revenue Authority (ZIMRA) is informing taxpayers that, year 2023 ITF 263s will be auto-generated by the ZIMRA system. Tax clearances will be sent to compliant taxpayers through email addresses that are registered...