- ZRA Commissioner General Dingani Banda mentioned the possibility of abolishing Withholding VAT in the future.
- Currently, Withholding VAT is only suspended.
- The suspension was announced after the rollout of the Smart Invoice System.
- Stakeholders like the Civil Society for Poverty Reduction are advocating for complete abolishment.
- Banda reiterated that the tax is suspended for now but may be abolished later.
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.
