The Zimbabwean tax system has been impacted by currency changes introduced in February 2019 by Statutory Instrument 33 of 2019. In 2016 when the bond note was introduced as a …
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Sale of motor vehicles by employers to employees constrained by the tax burden
Posted by: Tax Matrix Team
The acquisition of a motor vehicle by an employee from employer at below market value of the vehicle represents a taxable benefit for to the employee. The taxable benefit to …
Claims of VAT on imported services by registered operators
Posted by: Tax Matrix Team
Prior to 2019, only persons who were not VAT registered operators and those consuming or utilising imported services to produce exempt supplies would bear the burden of VAT on imported …