By Derick Tsimba
Zimbabwe Revenue Authority (ZIMRA) is currently in Bulawayo where it is exhibiting its services in the city.
On its Facebook Page, the Authority said its exhibition was being held from 11-13 March 2019 in Bulawayo where it would be calling for tax payers to remain tax compliant.
“The exhibition is meant to educate the public and especially those who own new businesses and would need to know how to get a Tax Clearance Certificate.
“Taxes and duties increase investment for income generation, ZIMRA is administering various tax incentives aimed at increasing investment for income generation, export promotion, employment creation and skills transfer, small business development, industrial development, and revenue inflows,” said the Authority.
ZIMRA administers various tax incentives aimed at promoting investment while the Ministry of Industry and Commerce, the Industrial Development Corporation and the Zimbabwe Investment Authority are the main administrators of non-tax incentives. Revenue incentives in Zimbabwe apply equally to both domestic and foreign investors and the major goals of incentives in place are; income generation, export promotion, employment creation and skills transfer, small business development, industrial development and revenue inflows.