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ZIMRA hosts Annual Charity ball |
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By Takunda Chakadya
The Zimbabwe Revenue Authority (ZIMRA) held its Annual Charity Ball at Rainbow Towers Hotel on 30 November 2018 in its quest to raise funds for its corporate social responsibility programmes which include scholarships funding, infrastructure donations and income generating projects for various charity institutions.
The Charity Ball saw key ZIMRA stakeholders partnering the Authority through purchasing tables of Platinum, Diamond, Gold and Standard packages varying in dollar value. Other donations included blankets and vouchers which were auctioned during the Ball.
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PUBLIC NOTICE ON ALL DESIGNATED FOREIGN CURRENCY DUTIABLE GOODS |
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Following the announcement made by the Minister of Finance and Economic Development on 22 November 2018 during his budget statement, the Minister designated certain products, whose duties, taxes, fees and levies shall be paid in foreign currency on importation.
The list of designated foreign currency dutiable goods is contained in the Statutory Instrument 252A of 23 November 2018.
To ensure uniformity of application of the provisions of Statutory Instrument 252A the following guidelines are to be used in the clearance of the designated foreign currency dutiable goods.
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PUBLIC NOTICE ON TAXES REMITTANCE IN RESPECTIVE (MULTI) CURRENCIES |
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Zimbabwe Revenue Authority (ZIMRA) has noticed that there are businesses that are trading, withholding and collecting VAT, PAYE, Capital Gains Tax and other taxes in multi-currencies. Following this observation, ZIMRA has found it necessary to clarify that these businesses should remit taxes in the specific currencies in which they collect them without any conversion to RTGS, bond notes, local point-of-sale and mobile money.
Clients can remit their multi-currency taxes to ZIMRA through the following FCA Nostro (USD) accounts:
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NAME OF BANK
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FCA NOSTRO (USD)
ACCOUNT NUMBER
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CBZ
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1122387740107
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ZB
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4158-368023-405
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NMB
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0000020881933
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FBC
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4870033840138
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STANDARD CHARTERED
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8740007099000
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ECOBANK
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181197600860401
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NEDBANK
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11990189627
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BANC ABC
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10164886633017
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STANBIC
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9140000939535
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Clients wanting to remit in hard currencies other than the USD can enquire with the above listed banks for the appropriate FCA Nostro accounts.
Public Notice Number 45 of 2018
My taxes, My duties - Building my Zimbabwe!
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ZIMRA donates Greenhouse to Bumhudzo Old People’s Home |
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As part of its corporate social responsibility, ZIMRA donated a greenhouse to Bumhudzo Old People’s Home which was meant to improve the home’s standards of living by allowing the “all year round’’ production of horticultural products for consumption and commercial purposes. The handover ceremony was done 9th November 2018.
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ZIMRA appreciates taxpayers & partners |
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By Chenayi Mack Maponga
PRESIDENT Emmerson Dambudzo Mnangagwa appreciated compliant taxpayers and partners that contribute to the country’s fiscal prudence at the Zimbabwe Revenue Authority (ZIMRA) Appreciation Awards dinner on 31 October 2018. The commemorations were held under the theme; “My Taxes, My duties - Building my Zimbabwe.”
Speaking at awards dinner, the President said limited and erratic tax payments grossly constrain Treasury and increase Government’s inability to meet its budgetary requirements.
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