Importation of Restricted Goods: Statutory Instrument 89 of 2021
(Taxman's Corner)Importation of goods in Zimbabwe can be restricted, prohibited or done freely without any restrictions. The Ministry...
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Latest News & Notices
18 June 2021
11 June 2021
Dispute Resolution - Lodgement of an objection to the Commissioner of Taxes
(Taxman's Corner)ZIMRA would like to advise all its valued clients that all taxpayers who are not satisfied with an assessment or...
04 June 2021
ZIMRA whistle-blower facility
(Taxman's Corner)The Zimbabwe Revenue Authority (ZIMRA) has a facility for rewarding private individuals who choose to participate in...
31 May 2021
Vehicle registration
(Taxman's Corner)Clients are advised that they can register newly imported or freshly built motor vehicle at selected Zimbabwe Revenue...
24 May 2021
Payment of Pay As You Earn (PAYE) in foreign currency and local currency
(Taxman's Corner)ZIMRA advises its valued clients that Section 4A of the Finance Act (Chapter 23:04) states that a person whose taxable income...
14 May 2021
Finance Minister commissions 20 Toyota Land Cruiser vehicles for ZIMRA
(Story)Finance Minister Professor Mthuli Ncube on 7 May 2021, commissioned 20 Land cruiser vehicles for the Zimbabwe Revenue...
14 May 2021
Special excise duty on change of ownership of second-hand motor vehicles
(Taxman's Corner)What is Special Excise Duty? Special Excise Duty is charged in terms of Section 172B of the Customs and Excise Act...
14 May 2021
ZIMRA celebrates mother’s day in style
(Story)The Zimbabwe Revenue Authority (ZIMRA) mothers hit high spot as they celebrated Mother’s day in a unique, pioneering...
Question Of The Day
Question
What happens when one stops trading?
Answer|
There is need to notify ZIMRA so that de - registration procedures are duly completed This includes payment of all taxes due and submission of all tax returns. ZIMRA may also undertake a deregistration audit. If the business was fiscalised, ZIMRA will need to deregister the fiscal machines The company is only deregistered from the ZIMRA system after confirmation from the Registrar of companies that the company has been struck off the Companies register. |
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