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The ZIMRA Commissioner General has, in terms of Section 50A of the Value Added Tax Act [Chapter 23:12], appointed the Registered Operators listed below as Value Added Withholding Tax Agents with effect from 1 June 2017 and to commence withholding the tax from 1 July 2017. The agents are as follows:

 

 

Value Added Withholding Tax Agents

BP Number

1

Mohammed Musa Wholesalers (Pvt) Ltd

200000977

2

N. Richards

200000597

3

TM Supermarkets P/L

200000676

4

Ok Zimbabwe P/L

200000192

5

Padenga Holdings Ltd

200095242

6

Beta bricks P/L

200000917

7

Willable P/L

200002508

8

Lafarge Cement Ltd

200000104

9

PPC Zimbabwe

200000840

10

Blue Ribbon Foods P/L

200000088

11

National Foods Ltd

200062202

12

Profeeds P/L

200065254

13

Novatek Animal Feeds P/L

200120831

14

Parrogate Zimbabwe P/L

200028728

15

Zimbabwe Power Company

200011622

16

ZESA Holdings

200001442

17

ZETDC

200019701

18

Delta Beverages P/L

200000672

19

Zimbabwe Consolidated Diamond Company

200172728

20

Econet Wireless P/L

200002652

21

Net One Cellular P/L

200004531

22

Telecel Zimbabwe P/L

200002516

23

Dairibord Zimbabwe P/L

200002472

24

Cairns Foods P/L

200001266

25

Powerspeed electrical P/L

200001231

26

Zimkings Trading P/L

200109847

27

Picktalk Investments P/L

200083717

28

N Bhadella and Sons

200001074

29

British American Tobacco Zimbabwe P/L

200000923

30

Schweppes Zimbabwe P/L

200002313

 

NB: These agents are in addition to the twenty-five that were appointed in April 2017.

Obligations of Value Added Withholding Tax Agents

  1. Withhold two thirds (2/3) of the output tax from each amount to be paid to a supplier of goods or services to the appointed agent;
  2. Issue a Value Added Withholding Tax Certificate to such supplier in respect of the amount withheld.
  3. Submit return (Rev 5) and remit the amounts withheld to the Commissioner on or before the 15th of the following month.
  4. Attach a schedule of the Value-Added Withholding Tax to the return Form Rev 5.

 

Agents should not withhold tax on the following transactions:

 

a)      Payments for licences, levies, rates, electricity, telephone, cellphone, internet or data services

b)      Payments by cash or cards for over the counter purchases;

c)      Payments to other specified operators as the Commissioner may determine who supply goods and or services to the Agent.

 

Requirements for Specified Operators

 

All suppliers of goods or services to the appointed agents are the specified operators. They shall:

 

  1. Claim the VAT withheld on submission of their VAT return for the respective tax period as a credit.
  2. Attach a schedule of the VAT withheld by the agent should be attached to this return.
  3. Retain Certificates issued by agents for a period of six years.