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Responsibilities of VAT registered operators.

Responsibilities of VAT registered operators.

VAT registered operators are business registered for Value Added Tax. They collect VAT from consumers on behalf of the government. Their major mandate to charge Output Tax on every sale and account it to ZIMRA. Recently they have been supplies who have been chosen to...

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Responsibilities of VAT registered operators.

VAT Registration and Responsibilities.

Who is liable to register for VAT? Any person who trades in taxable supplies and whose annual taxable turnover exceeds or is likely to exceed US$40,000.00 or ZWL equivalent within a period of 12 months is required to register for VAT. How to register for VAT in...

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Borrowing Tips

Do you Plan Borrowing? Then you need to read this. Shop around and compare offers from different lenders. This will help you get the best interest rate and terms. Only borrow what you need. Don't borrow more money than you can afford to repay. Make sure you understand...

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What your Business require to get a Loan from the Bank?

Credit Requirements by Banks in Zimbabwe. The Bank will perform due diligence on the Borrowing Client/ Company based on the following information which is supposed to be submitted to the Bank at the time of facility application. An application letter stating the...

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