Tax evaders given six-month amnesty to disclose and repay tax obligation Finance minister proposes to empower Zim to pursue individuals
- Tax evaders given six-month amnesty to disclose and repay tax obligation
- Finance minister proposes to empower Zim to pursue individuals — retiring or serving — who owe tax obligations
- 5% levy on voice and data tariffs effective October 1, duty on handsets and related gadgets hiked to 25%
- Gold royalties slashed to 5% from 7% from October 1. Presumptive tax on small-scale gold miners scrapped
- $73 million has been disbursed for Victoria Falls Airport, $38 million farm equipment first batch has been received
- Government to mobilise $252,3 million for Presidential input scheme 2014/15
- Government to provide $184 million for inputs
- Amended the amount subject to withholding tax on tenders from $250 per transaction to an aggregate of $250 per year of assessment.
- Repealed the older definition of fiscalised devices provided for in the Finance Act of 2012.
- Removed foodstuff, washing preparations and beverages goods from the Duty Free Certificate facility, with effect from October 1 2014
- Reviewed downwards, royalty on gold produced by primary producers to 5% from 7%.
- Reduced presumptive tax on small scale gold miners to 0% from the current 2% effective October 1 2014
- Levy customs duty on mobile handsets at a rate of 25%, with effect from 1 October 2014.
- Levy excise duty of 5% on air time for voice and data, with effect from 15 September 2014.
- Increase excise duty on diesel and petrol from 25 and 30 cents per litre to 30 and 35 cents per litre, respectively, with effect from September 15.
