News: Tax

TAXATION OF INDIVIDUALS ON TRADE AND INVESTMENT INCOME This article provides a comprehensive guide to the taxation of individuals in Zimbabwe who derive income from trade (business) and investments, outlining the principles, rates, and concessions governing these...

Essential Principles in the Taxation of Employment Income (PAYE) The taxation of employment income is a cornerstone of individual taxation and a consistently high-yield topic for professional examiners. Computations hinges on classifying income, apply statutory...

Employee vs. Independent Contractor: The Critical Tax Distinction The modern economy increasingly relies on diverse working arrangements, making the classification of service providers more complex than ever. For tax purposes, correctly distinguishing between an...

⛏️ Taxation of Mining Companies in Zimbabwe: The Fifth Schedule Advantage The mining industry in Zimbabwe operates under a unique tax regime, codified primarily in Section 15(2)(f) read with the Fifth Schedule of the Income Tax Act [Chapter 23:06]. While a miner's...

📈 Partnership Business: Deeper Dive into Partnership Tax Principles This article expands on the core principles of partnership taxation, focusing on the concepts of income accrual, source, residence, accounting changes, and the specific treatment of partnership...