The dangers of not updating your Zimbabwe Revenue Authority (ZIMRA) tax returns are significant and can lead to severe financial, legal, and operational consequences. We have listed the primary risks associated with non-compliance: ⚠️ Financial Penalties and Interest...
The Zimbabwe Revenue Authority (ZIMRA) has transitioned to the Tax and Revenue Management System (TaRMS), which has made the issuance of the Tax Clearance Certificate (TCC) largely automatic for compliant taxpayers. For a 2026 TCC, the requirements are essentially to...
📰 Landmark Victory for Nestle as Court Overturns Most of ZIMRA's $16 Million Tax Claim Harare, Zimbabwe – In a significant ruling for multinational corporations and an important clarification on deductible business expenses, the Special Court for Income Tax...
🚨 ZIMRA Garnishee and the "Pay Now, Argue Later" Rule: A Taxpayer's Reality in Zimbabwe In the landscape of Zimbabwean tax law, two principles stand out for their immediate and often severe impact on businesses and individuals: the power of the Garnishee Order...
As ZIMRA continues to preach about compliance. Its very important that business heads the preaching. Here is a summary of the specific actions a VAT-registered business must take today to ensure full compliance under the TaRMS-FDMS regime. These actions fall into...
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