Key Tax Takeaways from the case. The Matter Before the Courts in Layman’s Terms Imagine you sign a piece of paper just to help a business partner move money to pay a foreign software supplier. You never actually earn or receive the massive amounts of money written on...
Analysis of the Tax Implications: Zimbabwe Platinum Mines (Pvt) Ltd v ZIMRA [2026] The recent judgment in Zimbabwe Platinum Mines (Pvt) Ltd v Zimbabwe Revenue Authority (73 of 2026) stands as a landmark decision in Zimbabwean fiscal jurisprudence. It clarifies the...
As a professional—whether you are an engineer, a doctor, or an architect—you are more than just an expert in your field; in the eyes of the law, you are a "person in trade." Many professionals mistakenly believe that tax registration is only for large companies (Pvt...
In Zimbabwe, the transition from accounting "profit or loss" to tax "recoupment or scrap allowance" is a critical adjustment in the tax computation. While accounting looks at the Book Value (Cost less Depreciation), taxation looks at the Income Tax Value (ITV) (Cost...
In the Zimbabwean tax landscape, Capital Allowances serve as the bridge between accounting and taxation. While accountants use "depreciation" to reflect the wear and tear of an asset, the taxman (ZIMRA) ignores depreciation entirely. Instead, they provide Capital...
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