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....
Register for VAT
Learn more →
Apply for TIP online
Learn more →
Latest News & Notices
12 May 2022
05 May 2022
Capital Gains Tax on cession agreements
(Taxman's Corner)When can a cession agreement be used? A Cession agreement may be used where the rights and obligations under an...
28 April 2022
Motor Vehicles Imported Under Immigrant’s Rebate
(Taxman's Corner)Who is an immigrant? “Immigrant” means any person who is a resident of Zimbabwe and enters Zimbabwe on return after having...
21 April 2022
Public Officers
(Taxman's Corner)Appointment of Public Officers Section 61 of the Income Tax Act [Chapter 23:06] stipulates that every company which...
14 April 2022
Importation of Drones
(Taxman's Corner)The importation of drones by air, road or post requires a license from Civil Aviation Authority of Zimbabwe (CAAZ)?...
08 April 2022
ZIMRA engages fourth estate
(Taxman's Corner)The Zimbabwe Revenue Authority engaged members of the media fraternity by hosting editors from different media houses...
07 April 2022
Rebate Of Duty On Motor Vehicles Imported Under The Health Service Loan Scheme
(Taxman's Corner)Statutory Instrument 68 of 2019, Section 144(V)and SI 12 of 2020 provides for rebate of duty on motor vehicles...
24 March 2022
Suspension of Duty on specified new buses imported by tour operators
(Taxman's Corner)Section 9JJ of the Customs and Excise Suspension Regulations SI 257 of 2003, (Suspension of duty on specified new...
Question Of The Day
Question
What is the margin of variance allowable when calculating under self-assessment?
AnswerThe margin of variance should not be more than 10% of the tax payable when calculating the Income Tax due for the year.
Contact Directory
Phone(s)
Address
Fax