Bulawayo24 News - Skyes! "it makes perfect sense"

Duty rebate on MPs' vehicle imports

The Commissioner may in respect of any used vehicle which is to be sold or otherwise disposed of, authorise the payment of a lesser amount of duty, taking into consideration the depreciation of such motor-vehicle since the date on which th…

Published: 04 Apr 2019 at 14:42hrs | | by Zimra

Zimra's position on bribery and collusion

Did you know that it is an offence for any ZIMRA official to ask for favours or payment in any form whatsoever to omit or commit any action, contrary to their official duties?  This is stipulated in section 181 subsection (1) of the C…

Published: 13 Mar 2019 at 23:09hrs | 1 | by Zimra

Importation and exportation of currency by travellers into Zimbabwe

The importation and exportation of currency is governed by the Reserve Bank of Zimbabwe (RBZ) in terms of the Exchange Control Act [Chapter 22:05] as read with Exchange Control Regulations, Statutory Instrument 109 of 1996.ImportationThe i…

Published: 20 Feb 2019 at 22:16hrs | | by Zimra

Temporary importation for visitors' vehicles

The importation and regulation of such vehicles is provided for in terms of the Customs and Excise Act, Section 124 as read with the Customs and Excise (General) Regulations, SI 154 of 2001, as amended. Upon entry into Zimbabwe, a visitor …

Published: 13 Dec 2018 at 04:43hrs | 14 | by zimra

Duty in foreign currency

With effect from 23 November 2018 duty on importation of selected items including Surtax, Presumptive Tax and Value Added Tax payable on importation duty on importation will be paid in foreign currency. This is in terms of Statutory Instru…

Published: 29 Nov 2018 at 11:33hrs | | by Zimra

Voluntary disclosure by churches and religious organisations

The Zimbabwe Revenue Authority (Zimra) encourages churches and other religious organizations to review their tax affairs and make voluntary disclosures where there is any income omitted from returns submitted or where there are any tax obl…

Published: 22 Nov 2018 at 08:32hrs | | by Zimra

Tax amnesty 2018 in respect of motor vehicles

IN an effort to encourage our valued clients to regularise their tax obligations, the Government has, through the Finance Act No. 1 of 2018 published on 15 March 2018, made provisions for granting of a tax amnesty to persons on application…

Published: 28 Jun 2018 at 07:05hrs | | by zimra

Change of vehicle ownership simplified

What is special excise duty?Special Excise Duty is charged in terms of Section 172 of the Customs and Excise Act (Chapter 23:02). It is a tax levied on sale, transfer or disposal of second hand vehicles on change of ownership.Definition of…

Published: 10 May 2018 at 06:56hrs | 1 | by zimra

Estimated assessments for Income Tax

THE law allows estimated assessments to be issued by the Commissioner General of ZIMRA in respect of taxable income and assessed losses.Estimated assessments can be raised in the following circumstances:- if the client defaults in renderin…

Published: 31 Mar 2016 at 00:30hrs | | by Zimra

Zimra rates on change of ownership of pre-owned cars

RATES OF SPECIAL EXCISE DUTY ON CHANGE OF OWNERSHIP OF SECOND-HAND MOTOR VEHICLESThe Zimbabwe Revenue Authority (ZIMRA) hereby advises its valued clients that the Minister of Finance and Economic Development announced a change of the basis…

Published: 19 Jan 2016 at 11:41hrs | 5 | by Zimra

NOTICE: Temporary importation permit for visitors' cars

WE have come to that time of the year again - the festive season - when our relatives and friends living outside the country's borders come home to visit. Some will bring their vehicles for ease of travelling from one place to another whil…

Published: 17 Dec 2015 at 09:59hrs | 1 | by Zimra

Detention of goods by Zimra

THERE are two main ways in which imported goods are detained by the Zimbabwe Revenue Authority (ZIMRA) namely: Receipt for Items Held (R.I.H)Under what circumstances is a Receipt for Items Held issued?This receipt is issued when one import…

Published: 09 Jul 2015 at 10:44hrs | 5 | by Zimra

Importation of motor vehicles by the physically handicapped

THE Customs and Excise Act [Chapter 23:02], together with die Customs and Excise (Suspension) Regulations, provide for the suspension of duty on certain specified motor vehicles imported by physically handicapped persons for their own use.…

Published: 05 Feb 2015 at 09:27hrs | 2 | by Zimra

Calculating of duty on imported private motor vehicles

The duty to be paid on importation of motor vehicles into Zimbabwe is based on the Cost, Insurance and Freight (CIF) value plus other incidental charges and expenses incurred in the purchase of the vehicle and its subsequent transportation…

Published: 29 Jul 2014 at 08:58hrs | 2 | by Zimra

Tax Clearance Certificates

What is a Tax Clearance Certificate?A tax clearance certificate is a document that is issued by the Commissioner-General of the Zimbabwe Revenue Authority (Zimra) to a person liable to pay tax under any of the Acts administered by the Zimb…

Published: 16 May 2013 at 05:39hrs | 1 | by zimra

Rebate on goods for religious purposes

THE Customs and Excise (General) Regulations, as published in Statutory Instrument 154 of 2001, provides for a rebate of duty on selected imported goods by religious organisations. This implies that such goods when imported enjoy duty free…

Published: 18 Apr 2013 at 04:31hrs | 2 | by zimra

Temporary importation of foreign registered motor vehicles

Did you know that the temporary importation of goods, including motor vehicles, is regulated by customs laws and regulations of this country? This weekâˆšÂ¢â€šÃ‡Â¨â€šÃ‘Â¢s article will focus on the temporary importation of foreign register…

Published: 20 Jan 2011 at 17:14hrs | 2 | by Zimra

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