Latest News & Notices

04 July 2025

Zimbabwe to sign MAAC

(News)

By Inzwirashe C. Muwonwa The Global Forum on Transparency and Exchange of Information for Tax Purposes has invited...

06 June 2025
05 June 2025
22 May 2025
12 May 2025
25 April 2025
23 April 2025
11 April 2025

Question Of The Day

Question

What are the Capital Gains Tax requirements?

Answer

The following are the general requirements:

An original agreement of sale document and certified copy for office file.

Original identification particulars and a certified copy of same for office file, for both seller and buyer.

 Original Deed of Transfer (title deeds), Cession Agreement and current confirmation letter from Local Authority for verification and certified copies for the file.

Original Proof of payment and its copy in the form of bank transfer/written confirmation signed by both parties and or receipt.

 A General Power of Attorney if the seller or buyer is unable to attend the interview for any reason acceptable to the Commissioner.

Letter of Undertaking by depository (Banks, Lawyers and Estate Agents) where the seller is not able to pay the tax until the property is registered by the buyer.  The letter must state that payment will be made within 30 days from date of issue of assessment.

Proof relating to cost of improvements incurred after 1st February 2009.

 Valuation Report from Registered Property Valuers’ (Act) the sale of commercial property.

  Buyer and sellers proofs of residence.

 Letter from local authority confirming area of stand and date of purchase/cession

Contact Directory

Phone(s)

Address

Fax