- ZRA has suspended the Withholding Value Added Tax mechanism starting August 1, 2025
- The decision follows the successful implementation of the Smart Invoice system
- The Smart Invoice system has improved VAT compliance and revenue collection
- Taxpayers are encouraged to adopt the Smart Invoice system and maintain VAT compliance
Source: diggers.news
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Zambia"
- Zambia’s 2026 Budget: Tax Amendments, VAT Refunds for Energy, and Increased Customs Duties
- 2026 Budget: Increase in Customs and Excise Duty Rates Announced
- 2026 Budget: VAT Reforms Proposed, Zero Rating for Government Projects and Piped Water
- Zambia Revenue Authority Considers Future Abolishment of Withholding VAT After Current Suspension
- Zambia Revenue Authority Investigates Over 320 VAT Fraud Cases Worth K5 Billion