Understanding withholding of Value Added Tax? Withholding of Value Added Tax was introduced with effect from 1 January 2017 and some registered operators have since being appointed as VAT Withholding Tax agents. The VAT Withholding Tax agents’ role is to withhold a...
Governed by the Transfer pricing legislation Sect 98A and 98B of the Income Tax Act was introduced on the 1st of January 2014. The law was meant to forestall transactions that do not satisfy the arm’s length principle between associates. What are Arms Length...
NSSA Registration & Returns Regularize your business by registering with the National Social Security Authority (NSSA). All employers are required by the law to register with National Social Security Authority. Whether you are in the formal or informal sector, you...
Analysis of the Case The case often referred to by its court citation G (Private) Limited V ZIMRA (11 of 2022) [2022] ZWHHC 11 (6 January 2022), is a significant ruling from the High Court of Zimbabwe concerning the application of Value Added Tax (VAT),...
Introduction of the 2% Intermediated Money Transfer Tax (IMTT) Towards the end of the 2018 calendar year, the Finance Minister – Professor Mthuli Ncube announced a 2% Intermediated Money Transfer Tax (IMTT) as part of the austerity measures introduced by the...
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