ZIMRA’s New Fuel Duty Rules Spark Debate

General, Taxation
New Fuel Duty Regulations: A Comprehensive Overview The Zimbabwe Revenue Authority (ZIMRA) has recently introduced new regulations concerning the payment of duty on fuel in transit, effective from August 10, 2024. This move follows the 2024 Mid-term budget announcement by the Minister of Finance, Economic Development, and Investment Promotion. The new regulations mandate that all fuel types, including petrol, diesel,…
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CELEBRATING A YEAR OF SUCCESS: THANK YOU TO OUR CLIENTS

General
As the year draws to a close and the holiday season approaches, we would like to express our deepest gratitude to our valued clients for your unwavering support throughout the year 2023. It has been an eventful and challenging year, but with your trust and collaboration, we have achieved remarkable milestones. As we prepare for a well-deserved break, we want…
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THIRD QPD FOR YEAR 2023

Accounting, General, Taxation
The third quarter's provisional income tax (QPD) for the year is due for payment on or before 25 September 2023. This payment, payable in the currency of trade, is calculated at the rate of 30% of the estimated annual income tax on income from trade and investments. It is important to note that taxpayers can choose to calculate the taxable…
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