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...
Examining the Major changes brought by Finance Act No 2 of 2024. Not much was changed from the Finance Bill, H.B. 8, 2024, except fees on some presumptive taxes. It seams the house head the please of thousand informal traders who were not happy with the fees which...
What is Non-resident shareholders tax (NRST)? Non-resident shareholders tax is tax levied on dividend accruing to a person who is non-resident of Zimbabwe. Who is a Non-resident? A Non-Resident means - a person, other than a company, who; or a partnership or foreign...
ZIMRA audits are a routine part of ensuring tax compliance. They can be a stressful experience, but with proper preparation and understanding, you can navigate them effectively. Common Reasons for Audits Risk Assessment-ZIMRA may target businesses based on factors...
Failing to register for Value-Added Tax (VAT) in Zimbabwe can lead to significant financial and compliance consequences. Zimbabwean Legal Tax Statute stipulates that a person should register for VAT when After computing at the end of each trading month the total value...
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