Organization : Zimbabwe Revenue Authority
Facility : eFiling Registration
Country : Zimbabwe
Website : http://www.zimra.co.zw/
Register Here : https://zimra.co.zw/
ZIMRA eFiling Registration
3 simple steps to enroll with ZIMRA online
Related : ZIMRA Tax & Customs Requirement For New Business Zimbabwe : www.statusin.org/41149.html
Steps
1. Register your Email ID
2. Submit your documents and get verified by ZIMRA
3. Start Paying your Tax online
We have expanded our interactive horizons and entered the age of e-business via the conduit of information communication technology. Use of this interface portal will contribute to enhanced service delivery.
The Zimbabwe Revenue Authority (ZIMRA) would like to encourage its valued clients to register and start using this platform.
Please enter the following details for ZIMRA eServices Account Registration,
1. Select Title *
2. Select Your Nationality *
3. Enter Your First Name/Organisation Name*
4. Enter Your Last Name/Trade Name *
5. Type of Identification *
6. Enter Identification Number *
7. Select Business Partner Being Registered *
8. Enter Date of Birth/Date of Incorporation *
9. Enter Street No *
10. Enter Street Name*
11. Select Country *
12. Select City *
13. Enter Mobile Phone Number *
14. Enter Fax Number
15. Enter Email Address *
16. Enter New Password *
17. Enter Confirm password *
18. Select Security Question *
19. Enter Answer *
20. Type the code for the image
Advantages of ZIMRA online
** No need to stand in a long queue
** Access anytime from anywhere
** Pay your taxes and track your taxes
** Continuous communication with ZIMRA
Online Services – Income Tax
Income Tax is levied on earnings (income) of an individual or a business.
Income Tax Law
The administration of income tax is governed by the Income Tax Act of Zimbabwe, chapter 23:06 which guides on how income tax will be levied, how it is calculated and other legislative guidelines.
Who pays Income Tax?
** Business
** Employed salaried individuals.
Income acquired from rent, sale of immovable property (Capital Gains Tax), dividends, interest and pensions among others.
Online Services – VAT
Valued Added Tax is the tax on spending on goods and services. From the perspective of the buyer, it is a tax on the purchase price.
From that of the seller, it is a tax only on the value added to product, material or service. From an accounting point of view, by the stage of its manufacture or distribution.
The manufacturer remits to ZIMRA the difference between these two amounts, and retains the rest for themselves to offset the taxes they had previously paid on the inputs.
When one registered operator supplies another registered operator with goods or services, the supplier of those goods or services will levy Value Added Tax (VAT). The VAT incurred by a registered operator is known as Input Tax.
When this registered operator in turn supplies goods or services to other persons (or traders), VAT must be included in the price charged for those goods or services. This is known as Output Tax.
The difference between the output tax collected and input tax incurred for making taxable supplies is the amount of VAT payable to the Zimbabwe Revenue Authority or refundable from there.
Online Services – PAYE
What is PAYE?
Pay as You Earn (PAYE) system is a method of paying Income Tax on remuneration. The employer deducts tax from your salary or pension earnings before paying you the net salary or pension.
Laws on PAYE?
The Income Tax Act [Chapter 23:06] specifies what elements of an employee’s remuneration or earnings are subject to tax and at what rate of tax.
It also deals with what income is exempt from tax and what deductions are allowed from these earnings, prior to tax being calculated.
Mechanics of PAYE
Assume then for a moment that everything you earn, be it in cash, benefits, or an item of value you are given instead of cash, is subject to some form of tax.
However, the determining of the value and its associated tax liability in respect of any of these forms of payments will differ in some cases.
The official tax table operates on an escalating scale basis, (i.e. the higher your earnings, the greater percentage tax you pay on each bracket of earnings).
When your earnings reach a certain amount, the percentage stops increasing and a flat rate of tax becomes applicable for any earnings above this level, that is the Marginal Tax Rate (MTR).