23Mar 2023 by Richard Dimingo

FIRST QPD FOR YEAR 2023

General
The first quarter's provisional income tax (QPD) for the year is due for payment on or before 25 March 2023. This instalment (payable in the currency of trade) is calculated at ten percent of the projected annual income tax on income from trade and investments. While taxpayers can calculate the taxable income for each quarter and annualise the calculated income…
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19Mar 2023 by Richard Dimingo

SUBMISSION OF 2022 INCOME TAX RETURNS

Accounting, Taxation
The Commissioner General of the Zimbabwe Revenue Authority (ZIMRA)  has given notice to all registered taxpayers that they are required to submit  their  income tax returns for the year of assessment ended 31 December 2022. Public Notice Number 15 of 2023 declared that the following registered taxpayers are required to submit their income tax retuns as follows; Individuals, companies and…
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16Dec 2022 by Richard Dimingo

FOURTH QPD FOR YEAR 2022

Accounting, Software
The fourth and final quarter's provisional income tax  (QPD) for the year is due for payment  on or before 20 December 2022. This instalment (payable in the currency of trade) is calculated at thirty five percent of the projected annual income tax on income from trade and investments. While taxpayers can calculate the taxable income for each quarter and project…
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17Sep 2022 by Richard Dimingo

THIRD QPD FOR YEAR 2022

Taxation
The third instalment of provisional income tax (QPD) for the year is due on Sunday 25 September 2022. The instalment (payable in the currency of trade) is calculated at the rate of thirty percent of the projected annual income tax from trade and investments. Projected annual taxable income must be calculated from year to date profit instead of  the respective…
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