ThaTaxAdvisor

Tax Advisor

[ThaTaxAdvisor @a_bie_l]

We can only fear the future when we forget what the Lord has done for us in the past

[ThaTaxAdvisor @a_bie_l]

If you have the time and capacity, recompute the interests charged by ZIMRA on late ZWG tax submissions, you might be surprised by the outcome.

[ThaTaxAdvisor @a_bie_l]

One tax issue quietly building in Zimbabwe: Section 37AA compliance.

Not necessarily misapplied…
Just widely overlooked.
ZIMRA may be silent today, but audits tomorrow could tell a different story.

[ThaTaxAdvisor @a_bie_l]

Filing NIL returns is basically telling ZIMRA that the business is not trading. So if you have been filing NIL returns, TARMS won’t auto-generate your 2026 Tax Clearance. You’ll first need to explain to ZIMRA why a non-trading business needs a tax clearance.

[ThaTaxAdvisor @a_bie_l]

Tax evasion is not a strategy, it is a deferral mechanism that converts a manageable obligation into a compounded exposure.

[ThaTaxAdvisor @a_bie_l]

History has consistently shown that evading taxes does not eliminate liability, it merely postpones it and amplifies the cost of non-compliance.

[ThaTaxAdvisor @a_bie_l]

Imagine if employees were the ones calculating and remitting their own PAYE… I wonder how that would go😂

[ThaTaxAdvisor @a_bie_l]

You sleep better at night when your responses to ZIMRA are solid, simple, and satisfying.

[ThaTaxAdvisor @a_bie_l]

If your lifestyle says “millionaire” but your tax return says “minimum wage,” its a possible audit trigger.
ZIMRA is going beyond the numbers, into your assets, bank flows, and even your social media. With a target of USD 7 billion in 2025, expect tighter scrutiny
#taxcompliance

[ThaTaxAdvisor @a_bie_l]

Did you know? ZIMRA doesn’t just audit randomly they use risk profiling, industry comparisons, and data from VAT, PAYE & customs to spot figures that don’t add up. That’s why it’s so important to keep records that reconcile and talk to each other across the board.

[ThaTaxAdvisor @a_bie_l]

Now that ZIMRA has more capacity and time, businesses should remember: aggressive tax avoidance can trigger audits. It exploits legal gaps to pay less tax but undermines the spirit of the law. #Tax #ZIMRA #Zimbabwe

[ThaTaxAdvisor @a_bie_l]

When growth and sustainability are a priority, it is important for business owners to understand tax compliance at a fundamental level.

[ThaTaxAdvisor @a_bie_l]

Smart tax planning and compliance are more than obligations—they are essential for long-term business resilience. A well-planned tax strategy safeguards your business, fuels growth, and ensures sustainability in an ever-changing environment. #TaxPlanning #Sustainability

[ThaTaxAdvisor @a_bie_l]

Proactive tax planning is essential for businesses. Keeping track of your quarterly estimated tax payments can prevent cash flow surprises and avoid penalties. #CorporateTaxes #BusinessTaxPlanning

[ThaTaxAdvisor @a_bie_l]

Compliance isn’t a choice; it’s a strategic advantage in a regulated world

[ThaTaxAdvisor @a_bie_l]

The Delta vs. Zimra case has set the precedence. Zimra will likely be intensifying its audits to recover USDs from companies that's have been trading in USD but paying tax in local currency.

[ThaTaxAdvisor @a_bie_l]

For re-registration, you need to provide your company name and company number. After the re-registration process, you will receive a certificate of re-registration.

[ThaTaxAdvisor @a_bie_l]

Company Re registration
Is the process of renewing the registration of a company with the Registrar of companies as per the provisions of the Companies and Other Business Entities Act (Chapter24:31).

[ThaTaxAdvisor @a_bie_l]

Failure to re-register your company will result in your company being removed from the register, meaning your company name becomes open to the public, and anyone can claim the name and register it as their own.