GOVERNMENT has issued a US$28 million garnishee order against Zimplats to recover outstanding royalties.


GOVERNMENT has issued a US$28 million garnishee order against Zimplats to recover outstanding royalties.

Zimbabwe is one of the countries where it is difficult to pay taxes, according to the 2012 Paying Taxes survey, recently released by Price Water House Cooper (PWC), the World Bank and the International Finance Corporation.

Join us for the 1 Day Tax Planning Seminar this 25th of January 2012, at Meikles Hotel (Harare) - CLICK HERE to book online.

Only operators registered for VAT purposes may charge VAT on the supply of goods and services unless the goods and services are exempt. For a trader to charge VAT on the supply of goods and services, one has to register with Zimra first.

CROSSBORDER travellers are, with immediate effect, now required to declare their goods to the Zimbabwe Revenue Authority at least three hours before arrival at the port of entry.

This week we reproduce part of an article by Dr M. M. Muchada, Ambassador of the Republic of Zimbabwe to the Benelux and to the European Communities.