8 Megawatt Complex, Bulawayo Rd, Gweru.

FIRST QPD FOR YEAR 2021

The first installment of provisional income tax  for this year is due on Thursday 25 March 2021. This installment (which is payable in the currency of trade) is calculated at ten percent of the projected annual tax  from trade and investment. The rest of the QPDs for the year are payable as set out below.

  • First QPD – 10 percent payable on 25 March
  • Second QPD – 25 percent payable on 25 June
  • Third QPD – 30 percent payable on 25 September
  • Fourth QPD – 35 percent payable on 20 December

Income tax for the year is expected to be fully paid by end of December. If not, interest is charged on underpaid QPDs where the margin of error on projected taxable income exceeds ten percent.

The returns (ITF12B) for provisional tax payment for the quarter must be submitted to the taxation authority on the said dates.

 

Richard Dimingo
PRACTICE MANAGER , NEXT INVESTMENTS
Richard Dimingo

Richard Dimingo is the Practice Manager at Next Investments, with over twenty-nine years of experience in accounting, tax and management consulting. As a multi-disciplined practitioner, Richard has an extensive background that includes roles as a software applications developer, estate planning consultant, systems accountant and transformation life coach. He holds more than thirty certifications in the personal development field.

Richard is a licensed tax agent registered with the Zimbabwe Revenue Authority and a registered tax accountant authorized to practice by the Public Accountants and Auditors Board (PAAB) Zimbabwe.

He is also the developer of .NEXT, a groundbreaking technology designed for business and personal transformation. This innovative technology uncovers, analyzes, and resolves underlying unhelpful subconscious mind programming that stifle business innovation, inhibit personal growth, and contribute to ill-health and unhealthy relationship dynamics.

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Richard Dimingo
Richard Dimingo
PRACTICE MANAGER , NEXT INVESTMENTS

Richard Dimingo is the Practice Manager at Next Investments, with over twenty-nine years of experience in accounting, tax and management consulting. As a multi-disciplined practitioner, Richard has an extensive background that includes roles as a software applications developer, estate planning consultant, systems accountant and transformation life coach. He holds more than thirty certifications in the personal development field.

Richard is a licensed tax agent registered with the Zimbabwe Revenue Authority and a registered tax accountant authorized to practice by the Public Accountants and Auditors Board (PAAB) Zimbabwe.

He is also the developer of .NEXT, a groundbreaking technology designed for business and personal transformation. This innovative technology uncovers, analyzes, and resolves underlying unhelpful subconscious mind programming that stifle business innovation, inhibit personal growth, and contribute to ill-health and unhealthy relationship dynamics.

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