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Banks raid accounts over IMMT ‘arrears’
The IMTT on foreign and local currency transactions is pegged at 1% and 2%, respectively.
By TAFADZWA MHLANGA
Dec. 31, 2023
ZFU frets over 2% money transfer tax
In its 2023 budget submissions, the ZFU said the 2% tax significantly reduced the income of farmers since most payments are received via electronic transfers.
By Melody Chikono
Nov. 8, 2022
Insurance industry lobbies govt on IMMT
Old Mutual managing director Gloria Zvaravanhu pointed out that the removal of the tax on payout claims will help strengthen the insurance pool.
By Kudzai Kuwaza
Nov. 4, 2022
2% money transfer tax punitive: Industry
In its 223 budget recommendations, the CZI said: “The tax base is currently too narrow and complying firms are already over taxed.
By Sharon Buwerimwe
Oct. 29, 2022
Restrictive SIs rile business
The government has repeatedly blamed businesses for causing exchange rate instability through profiteering.
By Kudzai Kuwaza
Sep. 30, 2022
