The Zimbabwe Revenue Authority would like to remind its valued clients of the need to ensure that all outstanding and the remaining tax obligations for 2013 and prior years are fulfilled before the end of the current tax year.
Tax obligations for December 2013 include the following:
For your own information please be advised that:
Interest is levied where the tax due is not paid by the due date
In addition to the interest charged, penalties may also be imposed for late remittances of tax.
The respective tax returns are also required to be submitted by the due dates.
Penalties will be levied for late submission of returns at the stipulated rate of up to US$30 for each day that the return remains outstanding per Statutory Instrument 97 of 2013.
It is therefore in your interest to ensure that tax remittances are paid and tax returns submitted by the due dates. Taking into account the fact that some businesses may remain closed in early January, you are reminded of the need to ensure that remittances and returns due in early January are attended to before the end of the year.
Final Deduction System for 2013 tax year
Employers on FDS are also reminded to make the necessary end of year adjustments to employees PAYE in order to take into account the full year’s income, deductions and credits that will enable correct tax deduction for 2013 tax year.
You may apply for Tax Clearance Certificates (ITF 263) for the period from January to June 2014 in advance provided you have complied with all tax obligations up to the end of the current tax year. For tax returns please visit your nearest ZIMRA office or download from the website, www.zimra.co.zw
Due dates for January 2014 include the following:
To contact ZIMRA: Visit our website: www. zimra.co.zw; Follow us on Twitter: Zimra_11; Like us on Facebook: www.facebook.com/ZIMRA.11; Send us an e-mail: pr@zimra.co.zw; Call us: 04 –758891-5; 790813; 790814; 781345; 751624; 752731.