Treasury to revoke mining tax breaks... as businesses say choked by high taxes
For transactions above this threshold, a lower rate of US$0,05 per dollar applies. The tax now also covers gold-backed digital token transactions.
By Melody Chikono
Oct. 25, 2024
Govt urged to create level playing field by taxing Starlink
Govt urged to create level playing field by taxing Starlink
By Admin
Sep. 26, 2024
Zim bankers slam money transfer tax
In a document submitted to Finance minister Mthuli Ncube this week, sharing bankers’ expectations for the 2024 mid-term budget review, BAZ called for the tax to be reduced.
By Mthandazo Nyoni and Blessed Ndlovu
Jul. 19, 2024
Buyanga in US$500 000 fraud case.
It was further established that the contact numbers supplied did not belong to Mutimba nor Buyanga but to the accused persons.
By Trevor Mutsvairo
Jul. 11, 2024
Is this what the market wanted?
Despite all this, in 2022 under S.I. 103A the authorities increased the transactional costs to curb speculative behaviour on the Zimbabwe Stock Exchange (ZSE).
By Rufaro Hozheri
Jul. 5, 2024
New tax to hit commercial properties
As part of the Zimbabwe Revenue Authority (Zimra)’s plan to improve revenue inflows into state coffers, residential properties worth US$250 000 attract a one percent tax.
By Tafadzwa Mhlanga
Jun. 14, 2024
Experts rebuff ‘high tax regime’ claim
They argued that the 20% capital gains tax, applied retrospectively on the full purchase price, was excessive and detrimental to investor confidence.
By Mthandazo Nyoni
Jun. 7, 2024
ZB total incomes up 394%
Fungura said loan impairment charges rose by 73%, from a negative ZW$32,76 billion in 2022 to a negative ZW$56,62 billion in 2023.
By Blessed Ndlovu
May. 31, 2024
WTS Tax Matrix Academy launches query services platform
The creation of the query services platform comes after WTS received an overwhelming amount of calls regarding tax.
By Tafadzwa Mhlanga
May. 28, 2024