- 1. Fiscal Tax Invoice ...
- (News)
- Value Added Tax (VAT) registered suppliers and operators, making a taxable supply to a recipient, must provide that recipient within 30 days from the date of supply, a fiscal tax invoice? What is a fiscal ...
- Created on 20 April 2023
- 2. Refund of VAT - features of a valid fiscal tax invoice in relation to VAT input tax claims ...
- (VAT)
- Value Added Tax (VAT) is invoice-based and is accounted for on both cash and credit transactions. The VAT payable is the difference between output tax and input tax. Output tax is the tax charged on taxable ...
- Created on 01 January 2010
- 3. USE OF HARMONIZED SYSTEM CODES (HS Codes) UNDER DOMESTIC TAXES IN RECORDING OF SALES TRANSACTIONS USING FISCAL DEVICES ...
- (News)
- ... and transmitting sales transactions under Fiscalisation Data Management System (FDMS). How to use HS codes when recording sales transactions on a fiscal device All VAT registered taxpayers/operators ...
- Created on 04 December 2024
- 4. TAX CLEARANCE CERTIFICATE - ITF263 ...
- (Taxman's Corner)
- What is an ITF263? An ITF 263 is a Tax Clearance Certificate issued by the Commissioner General of the Zimbabwe Revenue Authority (ZIMRA), to a person liable to pay tax, provided that the taxpayer’s ...
- Created on 23 March 2023
- 5. Tax Payment Dates ...
- (Company)
- TAX PAYMENT CALENDAR The Zimbabwe Revenue Authority (ZIMRA) is encouraging its valued clients to pay their Taxes andCustoms & Excise Duties on time and in full in order to avoid unnecessary penalties ...
- Created on 22 February 2012
- 6. Compliance with the ZIMRA Fiscalisation Data Management System (FDMS)
- (Taxman's Corner)
- All VAT Registered Operators are required to comply with fiscalisation requirement, to register and interface with FDMS for the purposes of recording taxable sales transactions. To comply with this requirement, ...
- Created on 22 October 2024
- 7. An overview of Fiscalisation
- (Taxman's Corner)
- Fiscalisation refers to the use of approved fiscal devices to record taxable sales transactions and other tax information on the read-only fiscal memory at the time of sale for use by the Zimbabwe Revenue ...
- Created on 01 September 2022
- 8. Obligation to furnish returns and information
- (Taxman's Corner)
- ... notes, debit notes, computer records, bills of entry, consignment notes, and all other books of account relating to any trade. Taxpayers are required to observe the following: All business records ...
- Created on 19 May 2022
- 9. Drawback of duty
- (Taxman's Corner)
- A duty drawback is a refund of Customs duties, taxes and fees paid on imported items that are subsequently exported. It is granted on imported goods not used in Zimbabwe and which are exported within two ...
- Created on 12 May 2022
- 10. Importation of Drones
- (Taxman's Corner)
- ... by Customs at the point of entry. My Taxes, My Duties: Building my Zimbabwe!! Disclaimer This article was compiled by the Zimbabwe Revenue Authority for information purposes only. ZIMRA shall ...
- Created on 14 April 2022
- 11. Rebate Of Duty On Motor Vehicles Imported Under The Health Service Loan Scheme
- (Taxman's Corner)
- ... imported in terms of this rebate.” My Taxes, My Duties: Building my Zimbabwe!! Disclaimer This article was compiled by the Zimbabwe Revenue Authority for information purposes only. ZIMRA shall ...
- Created on 07 April 2022
- 12. Offences And Standard Scale Of Fines
- (Taxman's Corner)
- ... are frequently committed by clients deliberately or unknowingly evading duties and taxes and the corresponding fine levels and amounts of fine as pegged in the recent S.I. 14A of 2023 (Standard scale of ...
- Created on 07 October 2021
- 13. Post Clearance Audit (PCA)
- (Taxman's Corner)
- ... enabling them to import/export goods with minimal interventions at the ports of entry. My Taxes, My Duties: Building my Zimbabwe!! Disclaimer This article was compiled by the Zimbabwe Revenue ...
- Created on 29 December 2020
- 14. Voluntary Disclosure in respect of Customs and Excise offences in General
- (Uncategorised)
- ... Call us (Head Office) : 04 –758891/5; 790813; 790814; 781345; 751624; 752731 Please note that all ZIMRA services are free of charge!! My taxes, my duties – building my Zimbabwe! ...
- Created on 04 May 2019
- 15. What are my obligations under VAT?
- (Frequently Asked Questions)
- complete and submit VAT returns as per requirement calculate and remit the correct VAT due to the Commissioner General of ZIMRA on or before the due date issue tax/fiscal invoices, ...
- Created on 18 February 2019
- 16. List of Clearing Agents
- (Customs & Excise)
- ... however, does not apply to companies with in-house clearing services; proof of registration with ZIMRA in the form of a Business Partner Number; and evidence of non-indebtedness from the Domestic Taxes ...
- Created on 08 December 2014
- 17. Calculation of Duty on importation of private motor vehicles and suspension of duty on Motor Vehicle imports by the physically handicapped persons
- (Customs & Excise)
- What does suspension of duty mean? Suspension of duty is the waiver of Customs Duty and Surtax. Value Added Tax (VAT) is payable at a rate of 15% based on the value of the motor vehicle plus freight, ...
- Created on 20 August 2012
- 18. Record-keeping requirements
- (Company)
- ... by the Zimbabwe Revenue Authority (ZIMRA) provide for this legal requirement: Section 223 of the Customs and Excise Act [Chapter 23:02] Section 37B of the Income Tax Act [Chapter 23:06] Section ...
- Created on 04 May 2012
- 19. Fiscalised Electronic Devices
- (Company)
- ... to store tax information at the time of the sale. There are three broad categories of the prescribed fiscalised devices and these are Fiscalised Electronic Registers also referred to as an ETR (Electronic ...
- Created on 07 September 2010
- 20. Notes for Completing Self Assessment Return
- (Company)
- Notes for completing the Income Tax Self-Assessment Return [ITF 12C] These explanatory notes are meant to give guidance to clients on the completion of the Self-Assessment Return (ITF 12C). Completion ...
- Created on 24 March 2010