Corporate Tax

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Stress-Free Corporate Tax Compliance – Avoid ZIMRA Penalties

Expert Handling of QPDs, Provisional Tax, and ZIMRA Audits– In ZWL, USD, or Both

Why Corporate Tax Compliance is Critical in Zimbabwe

Zimbabwe’s complex tax environment – with frequent ZIMRA regulation changes, forex fluctuations, and strict QPD requirements – makes corporate tax filing a high-risk process

Key Risks of Poor Tax Management:

  • ZIMRA PenaltiesUp to 100% fines for late/inaccurate submissions.
  • Cash Flow Disruptions – Underestimated QPDs lead to unexpected tax bills.
  • Audit Triggers – Inconsistent filings increase audit risk by 73% (ZIMRA 2023).

Our Corporate Tax Services 

A. Quarterly Payment Dates (QPDs) Management

What We Do:

  • Calculate accurate quarterly tax estimates per ZIMRA rules.
  • File Form ITF 12.B and ensure timely payments.

Zimbabwe-Specific Features:

  • Forex Adjustment Guidance – Handling USD-denominated taxes in ZWG.
  • Payment Reminders – Avoid 10% late payment penalties.

🗓️ 2025 QPD Calendar Snippet:

Quarter DeadlinePenalty for Late Payment
Q125 March10% + interest
Q225 June10% + interest

B. Annual Corporate Tax Return (ITF12C)

What We Cover:

Tax Computation – Adjustments for allowances, disallowances.
✅ Forex Gains/Losses – RBZ-compliant reporting.
Transfer Pricing – Documentation for multinationals.

Warning Note: ZIMRA now requires electronic submissions – paper filings face automatic penalties.

C. ZIMRA Audit Support

What We Provide:

  • Pre-audit health checks – Identify red flags.
  • Representation – Handle ZIMRA queries on your behalf.
  • Dispute Resolution – Objection letters, appeals.

ZIMRA audit process (From Notice → Final Assessment)

How It Works (4-Step Process)

1️⃣ Data Collection – Financial statements, prior returns.
2️⃣ Tax Computation – ZIMRA-compliant calculations.
3️⃣ Review & Approval – Send you the draft for confirmation.
4️⃣ Filing & Payment – We submit via ZIMRA eFiling.

Pricing (Transparent packages)

ServiceBest ForPrice (USD)
Basic QPD Management Small businesses$75/quarter
Full Corporate Tax FilingMedium enterprises $1,200/year
Audit Defense PackageHigh-risk industriesCustom Quote

Client Testimonial

“After ZIMRA hit us with $8,000 in back taxes, Mukanya Financial Services team corrected our QPDs and got our compliance back on track!”

— Mining Supplier, Bulawayo

FAQs

Don’t Let Tax Errors Drain Your Business – Get ZIMRA-Compliant Today!

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