The Zimbabwe Revenue Authority (ZIMRA) has urged local business entities to take advantage of the amnesty period by paying their outstanding taxes in order to avoid being penalised and having interest accumulating on outstanding amounts.
The government through the Finance Act no.1 of 2018 published on 15 March 2018, made provisions for the granting of a tax amnesty to persons on application and it has been running from January and its ending on the 30th of June 2018.
ZIMRA commissioner general, Ms Faith Mazani called upon all taxpayers to come forward and pay their taxes especially during this amnesty period.
“The Minister of Finance and Economic Development has announced an amnesty which we are actually asking our taxpayers to come forward, some have been audited and penalised but through the amnesty we are ready to reduce those penalties and they need to pay their taxes on time so that interest does not continue to accrue,” she said.
As part of efforts to support businesses in the country, the authority has provided facilities through technological investments to make tax compliance easy for customers.
Read more: http://v.duta.us/koSvgAAA