Economy INDIGENIZATION AND ECONOMIC EMPOWERMENT

Incentivisation of the informal sector in order to formalise it

In progress
Mar 2019

Zimra reviews SMEs taxation

www.herald.co.zw March 26, 2019

Zimra has started reviewing the country’s tax system to accommodate small to medium businesses as it angles to boost the country’s revenue base. Zimra understands the importance of SMEs and how they impact on the economy. We are in the process of reviewing our taxing systems to accommodate the SMEs so that they contribute meaningfully to the economy, but also with limited cost on their part. They can then pay their tax by mobile phones say end of each week or as at their desired frequency within each month.