VAT registered operators are business registered for Value Added Tax. They collect VAT from consumers on behalf of the government. Their major mandate to charge Output Tax on every sale and account it to ZIMRA. Recently they have been supplies who have been chosen to...
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...
The Standards Development Fund (SDF) is a statutory body established by the Standards Act, Chapter 14:19 of 1987. The SDF's mandate is to promote the development and use of standards in Zimbabwe. The SDF is funded by a levy on employers and by grants from the...
PRAZ registration:Doorway to winning tenders. Government bodies, ministries and agents are the biggest customer in any economy, transacting with the public without some form of standardization of procedure and conduct will be disastrous. The relationship between the...
Tax Compliance in Zimbabwe. Did you know that you can avoid unnecessary penalties and interest by following basic tax and duty compliance requirements? Tax compliance is important for your business. Statutory Requirements for Corporate Income Tax. Income Tax is tax...
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