The effectiveness of the new Value Added Withholding Tax in Zimbabwe Image close
The effectiveness of the new Value Added Withholding Tax in Zimbabwe by Nyasha Marere
The effectiveness of the new Value Added Withholding Tax in Zimbabwe by Nyasha Marere
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The effectiveness of the new Value Added Withholding Tax in Zimbabwe

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Description

In January 2017 Zimbabwe Revenenue authourity introduced the ⅔ withholding of VAT at source of payment by appointed VAT agents. The new Vat tax regime moved from the traditional VAT collection systems to tax deduction at source. Under the traditional VAT collection system, the registered VAT operator was the one who had the mandate of preparing the VAT schedule and remitting the whole tax amount. The new system however gave the mandate to remit some of the VAT to registered value added withholding tax agents, and that is to be remitted as a withholding tax.
Release date Australia
May 15th, 2019
Author
Pages
88
Audience
  • General (US: Trade)
Dimensions
152x229x5
ISBN-13
9786138833864
Product ID
33976337

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Taxation & duties law