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ZIMRA Introduces Mandatory Tax Clearance Certificates for Professionals

KingRu
1 Min Read

The Zimbabwe Revenue Authority (ZIMRA) has introduced a new requirement for professionals in various fields to obtain tax clearance certificates. This mandate, effective immediately, affects architects, engineers, technicians, land surveyors, legal practitioners, auditors and accountants. The requirement stems from recent amendments to the Income Tax Act through Finance Act No. 2 of 2024.

1733730682079

To comply with the new regulation, professionals must secure a valid tax clearance certificate issued within the last 30 days to be registered with their respective professional bodies. This measure ensures that professionals meet their tax obligations and maintain good standing with ZIMRA. The move aims to promote transparency, accountability and compliance within the professional community.

The introduction of mandatory tax clearance certificates is expected to have a positive impact on Zimbabwe’s tax landscape. By ensuring professionals are tax-compliant, ZIMRA aims to increase revenue collection and promote a culture of tax responsibility.

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ZIMRA Introduces Mandatory Tax Clearance Certificates for Professionals

The Zimbabwe Revenue Authority (ZIMRA) has introduced a new requirement for professionals in various fields to obtain tax clearance certificates. This mandate, effective immediately, affects architects, engineers, technicians, land surveyors, legal practitioners, auditors and accountants. The requirement stems from recent amendments to the Income Tax Act through Finance Act No. 2 of 2024.

1733730682079

To comply with the new regulation, professionals must secure a valid tax clearance certificate issued within the last 30 days to be registered with their respective professional bodies. This measure ensures that professionals meet their tax obligations and maintain good standing with ZIMRA. The move aims to promote transparency, accountability and compliance within the professional community.

The introduction of mandatory tax clearance certificates is expected to have a positive impact on Zimbabwe’s tax landscape. By ensuring professionals are tax-compliant, ZIMRA aims to increase revenue collection and promote a culture of tax responsibility.

Dandaro Online

Breaking News in Zimbabwe today

trending News in Zimbabwe today

Zimbabwe Latest News to day

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1 Comment

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(+263) 77 380 2386

contact@dandaro.online

© 2024 – Dandaro Online. All rights reserved.

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