Zimra Gives Businesses Three Months To Get Their Books In Order

The Zimbabwe Revenue Authority (Zimra) has extended its amnesty for persons that has unpaid tax or duty prior to 1 December 2017. The amnesty ends on June 30 this year.

A statement on Zimra’s website reads:

In an effort to encourage our valued clients to regularize their tax affairs, Government has, through the Finance Act No. 1 of 2018 published on 15 March 2018, made provisions for the granting of a tax amnesty to persons on application. Persons include companies, corporate or unincorporated body of persons and trusts. Any person who has unpaid tax or duty by 1 December 2017 is eligible to apply for tax amnesty. This applies to tax or duty already known by ZIMRA and recorded on its systems or that which a person had not declared to ZIMRA but should have been paid by 1 December 2017. The tax or duty should have been due and payable before 1 December 2017.

Zimra urged businesses to approach the tax agency for a payment plan. Read the full press statement HERE