The Zimbabwe Revenue Authority (ZIMRA) will host the second edition of the Taxpayer Appreciation Day sometime in September to honour clients who consistently meet their tax obligations on time and with minimum intervention from the Revenue Authority.

The day, which was commissioned last year by the then Acting President Amai Joice Mujuru, saw a total of 51 clients receiving awards under various categories on September 30, 2011. Running under the theme, “National economic development through efficient tax systems” to recognise the quintessential role that tax revenue plays in Zimbabwe’s economy, this year’s commemorations are expected to appreciate the contribution being made by taxpayers to the fiscus.

Presenting the 2012 first half revenue performance report in local newspapers recently, the ZIMRA Board Chairman, Mr Sternford Moyo, prayed for the revival of the productive sectors of the economy and improvement in compliance levels  in order to boost tax revenue. Net revenue  collections for the first half of 2012 amounted to US$1.495 billion against a target of US$1.5 billion, resulting in a negative variance of 0.34 per cent.