Zimra owed $2.8 billion in unpaid taxes

Zimra owed $2.8 billion in unpaid taxes
Published: 10 May 2017 (279 Views)
The Zimbabwe Revenue Authority (Zimra) is currently owed $2,8 billion in unpaid taxes as companies continue defaulting due to several reasons, an official has said.

Zimra acting commissioner general Happias Kuzvinzwa told media practitioners at a media workshop in Bulawayo on Monday that the level of debt in Zimbabwe was overwhelming.

Kuzvinzwa said it has been observed that tax debt consists mainly of non-remittance of value-added-tax (VAT) and pay-as-you-earn (PAYE), which would have been paid or accrued to the taxpayer in the course of the business in the tax period.

- Newsday

Tags: Zimra, Taxes, Billions,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Zuma's Dubai exit plan

by Nicki Gules and Sipho Masondo | 28 May 2017 | 147 Views

Motion of no confidence tabled against Zuma at ANC meeting

by Tshidi Madia and Mahlatse Gallens, News24 | 28 May 2017 | 114 Views

Chigwedere still to grasp his censorship board role

by Staff Reporter | 28 May 2017 | 80 Views

Mphoko to seek economic investment in Russia

by Staff Reporter | 28 May 2017 | 73 Views

Children as young as four contract STI

by Staff Reporter | 28 May 2017 | 84 Views

Empower Bank to dole out loans to 40 000 youth's

by Staff Reporter | 28 May 2017 | 58 Views

PSL Sunday fixtures

by Alice Dube | 28 May 2017 | 80 Views

MDC-T youth stabbed by Zanu-PF youths

by Stephen Jakes | 28 May 2017 | 79 Views

No amount of legislation can stop piracy

by Robert Ndlovu | 28 May 2017 | 65 Views

Mutare urban groove artist drops single

by Farai Shawn Matiashe | 28 May 2017 | 54 Views

Sakubva woman, makes breakthrough at 53

by Farai Shawn Matiashe | 28 May 2017 | 84 Views

Local poet ventures into poetry recording

by Farai Shawn Matiashe | 28 May 2017 | 51 Views

Southern Africa's Angolan dream

by Staff reporter | 28 May 2017 | 64 Views

Council bosses in $2 million scandal

by Staff reporter | 28 May 2017 | 43 Views

Tsvangirai's daughter in tender scandal

by Staff reporter | 28 May 2017 | 68 Views

Zanu-PF political drama unravels in Bulawayo

by Staff reporter | 28 May 2017 | 63 Views

Zimbabwe's trade deficit narrows

by Staff reporter | 28 May 2017 | 56 Views

NRZ wagons turned into 'brothels'

by Staff reporter | 28 May 2017 | 56 Views

Drinking our own urine and sleeping with snakes

by Staff reporter | 28 May 2017 | 95 Views

Bona, don't let them take us back to Stone Age

by Mtandazo Dube | 28 May 2017 | 72 Views

Mphoko to meet Putin

by Staff reporter | 28 May 2017 | 50 Views

Govt withdraws student funding

by Staff reporter | 28 May 2017 | 58 Views

Call for tougher action on Zanu-PF factionalism

by Staff reporter | 28 May 2017 | 50 Views

Mathias Mhere wails over debt

by Staff reporter | 28 May 2017 | 31 Views

Army boss hijacked, murdered

by Staff reporter | 28 May 2017 | 42 Views

'Day time' prostitution rife in city

by Staff reporter | 28 May 2017 | 27 Views

Councillor in night club scam

by Staff reporter | 28 May 2017 | 25 Views

Mugabe comes tops at business awards

by Staff reporter | 28 May 2017 | 26 Views

Ugandan healer takes city by storm

by Staff reporter | 28 May 2017 | 24 Views

Fake Francis Nhema Facebook scam exposed

by Staff reporter | 28 May 2017 | 25 Views

Teacher caught kissing Grade 7 pupil

by Staff reporter | 28 May 2017 | 29 Views

Bosso's Akbay queries stoppage time

by Staff reporter | 28 May 2017 | 81 Views

Mugabe succession brawl turns bloody

by Staff reporter | 28 May 2017 | 41 Views

'Too early to talk about censorship,' says Chigwedere

by Staff reporter | 28 May 2017 | 27 Views