• ZIMRA is an agent of the Zimbabwean Government whose main responsibility is revenue collection. This is done through the administration of the following Acts:

    Income Tax Act [ Chapter 23:06]

    Value Added Tax (VAT) Act [Chapter 23:12]

    Capital Gains Tax (CGT) [Act Chapter 23:01]

    Customs and Excise Act [Chapter 23:02]

    In addition to revenue collection ZIMRA also has the following mandates:

    • Facilitate trade and travel. This is achieved by ensuring smooth movement of goods and people through inland and border ports of entry/exit.
    • Advise Government on fiscal and economic matters. This includes revenue forecasting, participation in national budget process and revision of Acts.
    • Protect civil society. ZIMRA’s operations also include curbing smuggling and any forms of international trade crime as well as to enforce import, export and exchange controls. Most of these controls are meant to protect the consumer against dangerous and harmful drugs, hazardous substances, expired drugs, pornographic, objectionable or undesirable materials, and harmful substances.

     

  • ZIMRA’s main mandate is collection of taxes in line with Revenue Authority Act and other subsidiary legislation. Local Authorities have their legislation that govern their operations and this includes the registration of shop licences.

  • You do not pay to register for tax and neither do you pay to get a tax clearance. All those services are provided free of charge.

  • After registration is approved, the taxpayer is allocated a Taxpayer Identification Number (TIN) and the tax types registered for

    You have to register with ZIMRA within 30 days after starting the business.  Registration is done online via TaRMS Self Services Portal https:www/mytaxes.zimra.co.zw.

    Submission of returns and payment of taxes due on time

    Any person who trades in taxable supplies and whose annual taxable turnover exceeds or is likely to exceed US$25,000.00 or ZWG equivalent must apply to register for VAT on Form REV 1.

     Submission of returns and payment of the tax due on time

    Every business person who becomes an employer is required to apply to the Commissioner General for registration within 14 days of becoming an employer.

    You are required to keep reasonable and proper records and books of accounts for all and all other documents required to be accounted for in terms of the various Acts administered by ZIMRA. Retain all records for at least six (6) years.

     

  • The following are some of the types of tax that are payable to ZIMRA

    Income tax – tax levied on business income for individuals or companies or any other entities and it varies with their respective income or profits (taxable income).

    PAYE (Employee tax)- a withholding tax charged on salaries (income) payable to employees. 

    Value Added Tax- is an indirect tax on consumption, charged on the supply of taxable goods and services. It is levied on transactions rather than directly on income or profit, and is also levied on the importation of goods and services.

    Capital Gains Tax- paid when a person/ company sells an immovable property or marketable securities.

    Customs duty- levied on importation of goods into the country