HARARE, Apr. 23 (NewsDay Live) – Zimbabwe’s tax agency has launched a voluntary disclosure programme allowing taxpayers to regularise their tax affairs for the 2025 assessment year, in a move aimed at widening the tax base and boosting compliance.
In the latest public notice, the Zimbabwe Revenue Authority invited individuals and businesses to “review their tax affairs and voluntarily disclose any income that was not declared or tax obligations that were not complied with,” adding that the initiative is designed to promote compliance “without unnecessary disruption to business operations.”
The tax collector said the programme applies across all sectors of the economy from micro and small enterprises to large corporates and specifically targets previously under-taxed activities such as informal trading, rental income, digital services, crypto-related transactions, and cross-border earnings.
“Where a full and truthful disclosure is made, the Commissioner shall waive the penalties in full, and such disclosure shall not automatically trigger an audit or prosecution,” reads part of the notice. However, interest on outstanding tax will still be charged in line with existing laws.
The window for voluntary disclosure will close on June 30, 2026, after which ZIMRA warned that non-compliant taxpayers risk facing the full force of enforcement measures.
The latest initiative comes amid ongoing efforts by ZIMRA to improve revenue collection in an economy where a significant portion of activity remains informal.
In recent years, ZIMRA has intensified audits and compliance blitzes, including targeting landlords who fail to declare rental income and businesses operating outside the tax net. The authority has also increasingly turned its attention to digital and online income streams as Zimbabwe’s economy becomes more tech-driven.
The programme is expected to test the willingness of informal sector players and new-economy earners to come forward, as government seeks to stabilise revenues in a challenging economic environment.
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