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Latest News & Notices
18 December 2022
28 November 2022
ZIMRA Board- a unique blend of pro-growth professionals
(Story)The Zimbabwe Revenue Authority (ZIMRA) prides itself on having a Board that has a pro-growth team of professionals at...
11 November 2022
Licencing of a Clearing Agent
(Taxman's Corner)Who is a clearing agent? A clearing agent is a person who, for gain, acts for an importer, exporter, manufacturer or the...
04 November 2022
ATAF General Assembly comes to life
(News)ATAF Executive Secretary Mr Logan Wort and ATAF Chairman and Commissioner General for Togolais Des Recettes (OTR)Mr...
19 October 2022
ZIMRA E-SERVICES FACILITY – ONLINE BP REGISTRATION
(Taxman's Corner)Persons in trade are encouraged to utilise the ZIMRA e-services portal to register with ZIMRA online by following the steps...
06 October 2022
Mining Prospecting Expenses
(Taxman's Corner)WHAT AREPROSPECTING EXPENSES? Prospecting expenses are expenditure incurred by a miner (other than that which is...
12 September 2022
07 September 2022
IMF spearheads Excise Management Technical Assistance
(Story)International Monetary Fund (IMF) is providing ZIMRA with technical assistance in Excise Management from 5-21...
Question Of The Day
Question
Why should I pay tax if I have sold on credit?
AnswerA sale on credit is a deemed sale which attracts Capital Gains Tax on the gross capital amount.
The gross capital amount shall be the whole amount accruing as a result of the sale including instalments not yet due and payable in terms of the Agreement.
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