Tax Payment Dates

2017 TAX PAYMENT CALENDAR

The Zimbabwe Revenue Authority (ZIMRA) is encouraging its valued clients to pay their Taxes and Customs & Excise Duties on time and in full in order to avoid unnecessary penalties and interest, which are levied on late payments. For the convenience of our clients, the payment dates for 2017 are as follows:

TAX HEAD

DUE DATE

Employees’ Tax (Pay As You Earn - PAYE)

By the 10th day of the following month

Quarterly Payment Dates (QPDs)

 

1st QPD                         (10%)

25th March 2017

2nd QPD                        (25%)

25th June 2017

3rd QPD                        (30%)

25th September 2017

4th QPD                        (35%)

20th December 2017

Withholding Taxes:

 

Non-Resident Shareholders’ Tax

Within 30 days from the date of payment or crediting for the benefit of the beneficiary

Resident Shareholders’ Tax

Within 10 days from the date of payment or crediting for the benefit of the beneficiary

Non-Resident Tax on Fees

Within 10 days from the date of payment or crediting for the benefit of the beneficiary

Non-Resident Tax on Remittances

Within 10 days from the date of payment or crediting for the benefit of the beneficiary

Resident Tax on Interest

Within 10 days from the date of payment or crediting for the benefit of the beneficiary

Non-Resident Tax on Royalties

Within 10 days from the date of payment or crediting for the benefit of the beneficiary

Automated Financial Transactions Tax

By the 10th 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 with the free shares

Tobacco Levy

Within 48 hours from the date of sale of the auction and contract tobacco.

Intermediate Money Transfer Tax

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

Withholding Amounts under Contracts

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

Non-Executive Directors’ Fees

Within 10 days from the date of payment of the fees or crediting for the benefit of the beneficiary.

Property or Insurance Commission Tax

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

Informal Trader’s Presumptive Tax

Within 30 days from the date the amount is recovered

Mining Royalties

Not later than the 10th day of the month following the month in which the proceeds are received

Capital Gains Withholding Taxes

Not later than the 3rd working day from the date when the payment was made

Value Added Tax (VAT):

 

VAT

By the 25th day of the following month

VAT on Imported Services

Within 30 days of the earlier of time an invoice is issued by the supplier or recipient or the time any payment is made by the recipient in respect of that supply

 

Deferred VAT

From a minimum of 90 days up to a maximum of 180 days from the date of deferment, depending on the value of the goods

Stamp Duty

By the 10th day of the following month

Betting Tax

By the 25th day of the following month

Excise Duty

In the case of tobacco manufacturers, on or before the 20th of each month following the month in which the tobacco was disposed of, or removed from the licensed premises

In the case of other excise manufacturers, on or before the 20th of each month following the month in which the excisable goods are disposed of, or removed from the licensed premises

 

 

 

 

 

Paying taxes and duties on time and in full builds and dignifies Zimbabwe…

 

 
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Calendar

September 2017
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