Income Tax return (ITF12C) Deadline - The April 30th Countdown As Zimbabwe approaches the 30 April 2026 deadline for the 2025 Year of Assessment, the accounting profession is grappling with a "dual-reality" economy. On one hand, the Zimbabwe Gold (ZiG) has completed...
The Capitalization Paradox: Did Zimbabwe’s Inflationary Reporting Undervalue the Nation’s Real Assets? The Zimbabwean economic landscape, particularly between 2018 and 2024, serves as a living laboratory for accounting theory. During the era of the RTGS dollar...
Simplifying the New Digital Tax Frontier: A Guide to ZIMRA’s Invoice Management System The digital transformation of Zimbabwe’s tax landscape has reached a significant milestone with the integration of the Tax and Revenue Management System (TaRMS) and the Fiscal Data...
📊 Accounting for the Intermediated Money Transfer Tax (IMTT) Post-January 1, 2026 The Finance Act No. 7 of 2025 marks a significant shift in the tax landscape by making the Intermediated Money Transfer Tax (IMTT) an allowable deduction for corporate income tax...
The proposal to make the Intermediated Money Transfer Tax (IMTT) deductible for Corporate Income Tax (CIT) purposes is a critical policy discussion that directly affects the cost of doing business in Zimbabwe, particularly for the formal sector. The background...
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