New tax to hit commercial properties
As part of the Zimbabwe Revenue Authority (Zimra)’s plan to improve revenue inflows into state coffers, residential properties worth US$250 000 attract a one percent tax.
By Tafadzwa Mhlanga
Jun. 14, 2024
Experts rebuff ‘high tax regime’ claim
They argued that the 20% capital gains tax, applied retrospectively on the full purchase price, was excessive and detrimental to investor confidence.
By Mthandazo Nyoni
Jun. 7, 2024
ZB total incomes up 394%
Fungura said loan impairment charges rose by 73%, from a negative ZW$32,76 billion in 2022 to a negative ZW$56,62 billion in 2023.
By Blessed Ndlovu
May. 31, 2024
WTS Tax Matrix Academy launches query services platform
The creation of the query services platform comes after WTS received an overwhelming amount of calls regarding tax.
By Tafadzwa Mhlanga
May. 28, 2024
Arbitrary Zim taxes worry experts
Dube also complained about the lack of consistency on some of the tax measures, making it complex to enforce compliance.
By Tafadzwa Mhlanga
May. 26, 2024
Poor remuneration for tax collectors fuels corruption, tax revenue loss
The claims, if they are true, are a major threat to tax revenue and this calls for the nation to spare a thought for these vital cogs in the country’s economic development agenda.
By Canisio Mudzimu
May. 26, 2024
Thriving banking sector, shrinking confidence
Reports from most people, as well official data, indicate receding deposits and increased withdrawals as economic players prefer “under the pillow” banking to traditional banking.
By Tinashe Duma
May. 17, 2024
Govt ‘regrets’ tax hike
Mnangagwa said the IMTT hike was a social and economic experiment to see how people and businesses would react upon which it would be reviewed.
By Priviledge Gumbodete
May. 10, 2024
Discomfort over ZiG legislative tax gaps
Since the introduction of ZiG, the fiscalisation of the Zimbabwe Revenue Authority (Zimra) systems into ZiG has been a slow and troublesome process for taxpayers.
By Tafadzwa Mhlanga
Apr. 26, 2024
