The Finance Bill, 2024, is a comprehensive legislative document aimed at modifying Zimbabwe's tax and financial landscape. It introduces significant changes across various tax domains, including income tax, capital gains tax, value-added tax, customs and excise...
Who is liable to register for VAT? Any person who trades in taxable supplies and whose annual taxable turnover exceeds or is likely to exceed US$40,000.00 or ZWL equivalent within a period of 12 months is required to register for VAT. How to register for VAT in...
RBZ stops Publishing ZWL CPI : Firms caught between the Hard and Rock Places. The Blended Inflation Saga. The Reserve Bank of Zimbabwe (RBZ) released a Monetary Policy Statement on February 2, 2023, aimed at reviewing the current monetary policy measures. The...
Introduction of the 2% Intermediated Money Transfer Tax (IMTT) Towards the end of the 2018 calendar year, the Finance Minister – Professor Mthuli Ncube announced a 2% Intermediated Money Transfer Tax (IMTT) as part of the austerity measures introduced by the...
Are you a Small Business in Zimbabwe? Why not Outsource Your Bookkeeping To Us. For small or medium businesses maintaining up to date bookkeeping is probably the most important part of the daily routine. The establishment of an accounting division, hiring and training...
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