Zimbabwe Revenue Authority

How do you estimate your income for the year?

This forecast should be based on your business trends including the macro – economic and environmental factors and the nature of one’s business. The most recent sales figures sometimes provide a reasonable basis for estimating the income for the year.

For the purpose of calculating the Provisional Tax for each Quarterly Payment Date (QPD), taxpayers are required to estimate the annual tax due and calculate the respective percentage of tax to be paid for each quarter as follows:

10%          due 25th March

25%          due 25th June

30%          due    25th September

35%          due   20th December