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value added tax

Kanyekanye faces $10m lawsuit

Allied Timbers Zimbabwe is seeking to recover $10 million from its former chief executive officer, Joseph Kanyekanye, which was lost through unlawful hefty discounts to selected customers, unauthorised allowances and diverting millions of…
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Sanitary wear now exempt from duty

The Government has noted that the price of sanitary wear has shot beyond the reach of many women who have resorted to using unhygienic materials exposing them to various diseases despite the Zimbabwe Revenue Authority (ZIMRA) waiving…
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Yadah Connect trial hits snag

The trial of Yadah Connect (Private) Limited on allegations of evading paying tax on income amounting to US$1 195 529,60 and not registering with the Commissioner-General of the Zimbabwe Revenue Authority (Zimra) for Value Added Tax…
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Yadah Connect hauled to court over VAT

Yadah Connect (Private) Limited yesterday appeared in court on allegations of evading paying tax on income amounting to US$1 195 529,60 and not registering with the Commissioner-General of the Zimbabwe Revenue Authority (Zimra) for Value…
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Zimra descends on tax defaulters

The Zimbabwe Revenue Authority (Zimra) has launched an operation targeting companies and individuals that have defaulted on their tax obligations. This comes as the national tax collector’s July gross collections increased by 20,80 percent…
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Zimbabwe loses $124m in tourism revenue

Zimbabwe could have lost close to $124 million in tourism revenue last year to the controversial and punitive value added tax (Vat) imposed by the country’s cash-strapped government. A latest report commissioned by the Zimbabwe…
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