News: Tax

In Zimbabwe’s ongoing effort to balance fiscal revenue with the need for affordable living, Statutory Instrument (SI) 248 of 2023 stands as a pivotal piece of legislation. Published on December 29, 2023, this SI introduced significant amendments to the Value Added Tax...

 The Bitter Pill: Unpacking VAT Implications for Pharmaceuticals in Zimbabwe The Zimbabwean pharmaceutical sector, a critical pillar of public health, operates within a complex tax landscape. While the intent behind many tax policies is to generate revenue, their...

In Zimbabwe, Section 50A of the Value Added Tax (VAT) Act [Chapter 23:12] provides the legal framework for the Value Added Withholding Tax system. Similar to other regional jurisdictions, this section allows the Commissioner of the Zimbabwe Revenue Authority (ZIMRA)...

In early 2026, the question of whether ZIMRA is "ready" for automated Input Tax administration is the most debated topic in Zimbabwean boardrooms. While the TaRMS (Tax and Revenue Management System) and FDMS (Fiscalisation Data Management System) are technically live...

In the 2026 tax landscape, the "Matching Rule" is the cornerstone of ZIMRA’s digitilised VAT administration. By linking the Tax and Revenue Management System (TaRMS) with the Fiscalisation Data Management System (FDMS), ZIMRA has effectively turned every B2B...