The Acting Commissioner General (CG) of the Zimbabwe Revenue Authority (ZIMRA), Mr Happias Kuzvinzwa, has called upon small-to-medium enterprises (SMEs) to understand their tax rights and obligations, as well as to voluntarily comply with fiscal legislation for the development of the nation.

“… It is critical to note that your tax contribution is necessary for the provision of social services. Your tax goes to hospitals … for medicines, which can only be bought when you contribute to the tax system of the country. I, therefore, urge you to register with ZIMRA and pay your taxes on time and in full,” said Mr Kuzvinzwa.

The ZIMRA Acting CG, who was speaking at the CBZ International SME Indaba in Bulawayo on 24 March 2017, called upon SMEs to take advantage of the moratorium announced by the Minister of Finance and Economic Development in the 2017 National Budget Statement to register for Value Added Tax (VAT). The moratorium is for a period of six months, from 1 January to 30 June 2017, and allows SMEs to register for VAT without being charged any penalties and interest for late registration.

Mr Kuzvinzwa further called upon the business community to unite with ZIMRA in the fight against corruption by desisting from paying bribes to ZIMRA officers.

 

Turning to the matter of issuing out garnishee orders to recover outstanding taxes, the ZIMRA Acting Commissioner General emphasised that the Revenue Authority only uses garnishee orders as a last resort.

“ZIMRA has no appetite for garnishing business… Garnishee orders are only used when all measures to collect revenue, including negotiations and tax payment terms, would have failed,” added Mr Kuzvinzwa.

The CBZ International SME Indaba was held at the Zimbabwe International Trade Fair Grounds in Bulawayo from 22 to 24 March 2017 under the theme, “Unlocking Innovative SME Development”. It was attended by over 400 participants drawn from the SME sector, government departments, universities and representatives from the Indian business community. ZIMRA participated in the exhibition held on the          side-lines of the Indaba, to showcase its brand and register SMEs for VAT in line with the moratorium which expires on 30 June 2017.The Acting Commissioner General (CG) of the Zimbabwe Revenue Authority (ZIMRA), Mr Happias Kuzvinzwa, has called upon small-to-medium enterprises (SMEs) to understand their tax rights and obligations, as well as to voluntarily comply with fiscal legislation for the development of the nation.

“… It is critical to note that your tax contribution is necessary for the provision of social services. Your tax goes to hospitals … for medicines, which can only be bought when you contribute to the tax system of the country. I, therefore, urge you to register with ZIMRA and pay your taxes on time and in full,” said Mr Kuzvinzwa.

The ZIMRA Acting CG, who was speaking at the CBZ International SME Indaba in Bulawayo on 24 March 2017, called upon SMEs to take advantage of the moratorium announced by the Minister of Finance and Economic Development in the 2017 National Budget Statement to register for Value Added Tax (VAT). The moratorium is for a period of six months, from 1 January to 30 June 2017, and allows SMEs to register for VAT without being charged any penalties and interest for late registration.

Mr Kuzvinzwa further called upon the business community to unite with ZIMRA in the fight against corruption by desisting from paying bribes to ZIMRA officers.

Turning to the matter of issuing out garnishee orders to recover outstanding taxes, the ZIMRA Acting Commissioner General emphasised that the Revenue Authority only uses garnishee orders as a last resort.

“ZIMRA has no appetite for garnishing business… Garnishee orders are only used when all measures to collect revenue, including negotiations and tax payment terms, would have failed,” added Mr Kuzvinzwa.

The CBZ International SME Indaba was held at the Zimbabwe International Trade Fair Grounds in Bulawayo from 22 to 24 March 2017 under the theme, “Unlocking Innovative SME Development”. It was attended by over 400 participants drawn from the SME sector, government departments, universities and representatives from the Indian business community. ZIMRA participated in the exhibition held on the          side-lines of the Indaba, to showcase its brand and register SMEs for VAT in line with the moratorium which expires on 30 June 2017.The Acting Commissioner General (CG) of the Zimbabwe Revenue Authority (ZIMRA), Mr Happias Kuzvinzwa, has called upon small-to-medium enterprises (SMEs) to understand their tax rights and obligations, as well as to voluntarily comply with fiscal legislation for the development of the nation.

“… It is critical to note that your tax contribution is necessary for the provision of social services. Your tax goes to hospitals … for medicines, which can only be bought when you contribute to the tax system of the country. I, therefore, urge you to register with ZIMRA and pay your taxes on time and in full,” said Mr Kuzvinzwa.

The ZIMRA Acting CG, who was speaking at the CBZ International SME Indaba in Bulawayo on 24 March 2017, called upon SMEs to take advantage of the moratorium announced by the Minister of Finance and Economic Development in the 2017 National Budget Statement to register for Value Added Tax (VAT). The moratorium is for a period of six months, from 1 January to 30 June 2017, and allows SMEs to register for VAT without being charged any penalties and interest for late registration.

Mr Kuzvinzwa further called upon the business community to unite with ZIMRA in the fight against corruption by desisting from paying bribes to ZIMRA officers.

Turning to the matter of issuing out garnishee orders to recover outstanding taxes, the ZIMRA Acting Commissioner General emphasised that the Revenue Authority only uses garnishee orders as a last resort.

“ZIMRA has no appetite for garnishing business… Garnishee orders are only used when all measures to collect revenue, including negotiations and tax payment terms, would have failed,” added Mr Kuzvinzwa.

The CBZ International SME Indaba was held at the Zimbabwe International Trade Fair Grounds in Bulawayo from 22 to 24 March 2017 under the theme, “Unlocking Innovative SME Development”. It was attended by over 400 participants drawn from the SME sector, government departments, universities and representatives from the Indian business community. ZIMRA participated in the exhibition held on the          side-lines of the Indaba, to showcase its brand and register SMEs for VAT in line with the moratorium which expires on 30 June 2017.The Acting Commissioner General (CG) of the Zimbabwe Revenue Authority (ZIMRA), Mr Happias Kuzvinzwa, has called upon small-to-medium enterprises (SMEs) to understand their tax rights and obligations, as well as to voluntarily comply with fiscal legislation for the development of the nation.

“… It is critical to note that your tax contribution is necessary for the provision of social services. Your tax goes to hospitals … for medicines, which can only be bought when you contribute to the tax system of the country. I, therefore, urge you to register with ZIMRA and pay your taxes on time and in full,” said Mr Kuzvinzwa.

The ZIMRA Acting CG, who was speaking at the CBZ International SME Indaba in Bulawayo on 24 March 2017, called upon SMEs to take advantage of the moratorium announced by the Minister of Finance and Economic Development in the 2017 National Budget Statement to register for Value Added Tax (VAT). The moratorium is for a period of six months, from 1 January to 30 June 2017, and allows SMEs to register for VAT without being charged any penalties and interest for late registration.

Mr Kuzvinzwa further called upon the business community to unite with ZIMRA in the fight against corruption by desisting from paying bribes to ZIMRA officers.

Turning to the matter of issuing out garnishee orders to recover outstanding taxes, the ZIMRA Acting Commissioner General emphasised that the Revenue Authority only uses garnishee orders as a last resort.

“ZIMRA has no appetite for garnishing business… Garnishee orders are only used when all measures to collect revenue, including negotiations and tax payment terms, would have failed,” added Mr Kuzvinzwa.

The CBZ International SME Indaba was held at the Zimbabwe International Trade Fair Grounds in Bulawayo from 22 to 24 March 2017 under the theme, “Unlocking Innovative SME Development”. It was attended by over 400 participants drawn from the SME sector, government departments, universities and representatives from the Indian business community. ZIMRA participated in the exhibition held on the          side-lines of the Indaba, to showcase its brand and register SMEs for VAT in line with the moratorium which expires on 30 June 2017.