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ZIMRA institutes revenue reforms |
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The Zimbabwe Revenue Authority is in the process of instituting robust revenue reforms, which will see improved tax compliance by the business community. The Commissioner General – Ms Faith Mazani – said this during her presentation at the KPMG 2018 IFRS Tax and Business Seminar held in the capital on 13 September 2018.
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Compiled by Munyaradzi Ushamba - (Loss Control Manager)
In a bid to maintain its zero-tolerance to corruption, the Zimbabwe Revenue Authority (ZIMRA) routinely tracks incidence of corruption–related cases reported and investigated against its members of staff.
A total of 46 cases were investigated during the period 1 January – 15 August 2018.
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ZIMRA courts telecommunications industry |
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By Tanaka Chitongo
The Zimbabwe Revenue Authority (ZIMRA) through the Revenue Assurance and Special Projects Division hosted a breakfast meeting for its clients in the Telecommunications Industry on September 6, 2018 at The Rainbow Towers Hotel.
Held under the theme “My Taxes, My Duties - Building my Zimbabwe,” the meeting was meant to strengthen relationships between ZIMRA and players in the telecommunications industry.
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Voluntary Compliance on submission of Income Tax and Capital Gains Tax Returns |
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All persons who receive income or gains, from a source within Zimbabwe are required to submit Income Tax Returns or Capital Gains Tax Returns.
The following are the Income Tax Returns and Capital Gains Tax Returns that should be submitted:
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RETURN
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NAME OF RETURN
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DUE DATE FOR 2018
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ITF 1
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Return of Income : Individual from Employment
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30th April 2018
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ITF 12C
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Self-Assessment: Individual and Company
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30th April 2018
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ITF 16
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Reconciliation of payroll details (Pay As You Earn)
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30th January 2018
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CGT 1
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Return for Capital Gains Tax
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30th April 2018
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ZIMRA exhibition at Harare Agricultural Show, bigger, better. |
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By Chenayi Mack Maponga
The Zimbabwe Revenue Authority (ZIMRA) is geared up for the 108th edition of the Harare Agricultural Show exhibition. The show will run from August 27 to September 1, 2018 at the Zimbabwe Agricultural Society Business Park under the theme: "Field to Industry: Produce. Connect. Develop.”
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