Tax Head

Due Date

Employees’ Tax (Pay As You Earn - PAYE)

By the 10^th day of the following month

1^st Quarterly Payment Date (QPD)               (10%)

25^th March 2013

2^nd QPD                                                        (25%)

25^th June   2013

3^rd QPD                                                         (30%)

25^th September 2013

4^th QPD                                                          (35%)

20^th December  2013

Withholding Taxes:

Non- Resident Shareholders’ Tax

Within 30 days of the date of distribution

Resident Shareholders’ Tax

Within  10 days of the date of distribution

Non-Resident Tax on Interest

Within 10 days of the date of payment

Non-Resident Tax on Fees

Within 10 days of the date of payment

Non-Resident tax on   Remittances

Within 10 days of the date of remittance

Resident Tax on Interest

Within 10 days of the date of payment

Non-Resident Tax on Royalties

Within 10 days of the date of payment

Automated  Financial Transactions Tax

By the 10^th day of the month following the month in which the transaction was effected

Demutualisation Levy

Within three (3) months after issuing the Zimbabwean member concerned the free shares

Intermediate Money Transfer Tax

By the 10^th day of the month following the month in which the transaction was effected

Withholding Amounts under Contracts

On or before the 10^th day of the following month after payment

Non-Executive Directors’ Fees

Within 10 days of date of payment of the fees

Property  or Insurance Tax

By the 10^th day of the month following month of payment.

Presumptive Tax:

1^st Quarter (January to March)

10^th April 2013

2^nd Quarter (April to June)

10^th July  2013

3^rd Quarter (July to September)

10^th October 2013

4^th Quarter (October to December)

10^th January  2014

Informal Trader’s  Presumptive Tax

Within  30 days from the date the amount is recovered

Value Added Tax (VAT):

VAT

By the 25^th day of the following month

Deferred VAT

Within 90 days from date of deferment