ZIMRA To Access 3-party Databases To Eliminate Tax Dodging

The Zimbabwe Revenue Authority (ZIMRA) will soon aggressively implement measures to enhance tax compliance by companies and individuals who are dodging paying taxes.

ZIMRA commissioner-general Ms Faith Mazani said that her department will also target Small and Medium Entreprises (SMEs).

While addressing delegates who attended a breakfast seminar during the Zimbabwe International Trade Fair (ZITF) in Bulawayo last week, Mazani said:

Zimra will also access different third-party information databases like the Registrar of Deeds and Companies, Zinara, NSSA, Zimstat, RBZ (Reserve Bank of Zimbabwe) and other banks to bring unregistered taxpayers into the database and grow our tax base.

For small business which is the area we feel we need to put more effort, we intend to implement the right from start approach where we partner with different institutions in Government that register and regulate small businesses to register the small business for tax purposes and to provide tax education before the registrations.

Mazani urged businesses to pay their taxes on time or to agree on payment plans with the taxman or risk closure.

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More: Sunday News

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