AUTOMATIC ISSUANCE OF 2022 TAX CLEARANCES

General
Compliant taxpayers will from now on automatically receive their 2022 tax clearance certificate (ITF263) starting from 8 November 2021. This was recently announced by the Zimbabwe Revenue Authority (ZIMRA) through Public Notice Number 111 of 2021. According to the notice, compliant taxpayers will no longer need to apply for their tax clearance certificates. Instead the ITF263 will be emailed to…
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UPDATE OF PERMANENT FILE DATA

Accounting, General, Taxation
The Zimbabwe Revenue Authority (ZIMRA) has through Public Notice Number 72 of 2021 advised all operating business taxpayers to update their permanent file information (master data) in terms of the requirements of both the Income Tax Act and Value Added Tax Act. Permanent file information includes but is not limited to the taxpayer’s physical address, email address, telephone numbers, bank…
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FISCALISED RECORDING OF TRANSACTIONS

General
While not a complete surprise, the Zimbabwe Revenue Authority (ZIMRA) has now intensified its efforts on implementation of the fiscalization project. In Public Notice Number 11 of 2021, the taxman announced that issuance of tax clearances for vat registered taxpayers shall be conditional on full compliance with the fiscalisation regulations contained in Statutory Instrument 104 of 2010 (Fiscalised Recording of…
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