- Zimbabwe implemented major tax reforms to expand revenue, improve compliance, and attract investment.
- VAT increased from 15% to 15.5%.
- New rules introduced for mixed supplies.
- VAT on imported services must now be accounted for in foreign currency.
Source: wts.com
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 "Zimbabwe"
- Zimbabwe — E-Invoicing & E-Reporting Country Booklet
- Zimbabwe Plans VAT Removal on Fish Products to Boost Local Fisheries
- Zimbabwe Removes VAT on Fish Products to Boost Local Fisheries
- Zimbabwe to Remove VAT on Fish Products to Support Local Fisheries
- Fonoa Recorded Webinar: E-Invoicing in Africa – Nigeria, Zimbabwe, Kenya, Ghana
