The Zimbabwe Revenue Authority (ZIMRA) requires businesses to declare and pay tax in the same currency they conduct the transaction in. This is to ensure transparency and proper tax collection. This requirement is mandated by Zimbabwean law, specifically Section 4A of...
Every registered operators is required by ZIMRA to acquire a fiscal device and interface it with ZIMRA. the process is known as fiscalisation. A fiscal device is an electronic machine used to record sales transactions and calculate taxes owed by a business. Main...
What is a Tax Clearance certificate? it is a certificate issued by the Zimbabwe Revenue Authority (ZIMRA) to tax payers who are compliant with all their tax obligations. Who are Taxpayer? A taxpayer is a person who is registered with ZIMRA and is liable to pay tax....
How to register for a PRAZ Category. For one to participate in a tender, every bidder must have a PRAZ certificate. To get the certificate there are options to select for payment, one (Once off) and the second option is (Quarterly which is renewed every 3 months) or...
A Fiscal Tax Invoice is a specific type of tax invoice issued by a Registered Operator ( a person registered with ZIMRA for Value Added Tax) for supplying taxable supplies. With effect from 1 January 2022, under FINANCE (No. 2) ACT of 2022, a tax invoices were...
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