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Rejoice Makoni Herald Correspondent
Informal traders in Harare were yesterday co-operating with the Zimra blitz on business compliance to laws and regulations crackdown throughout the country.
The blitz is a fact-finding programme- to check on how businesses are paying taxes and will be running until the 14 August.
The informal traders that were interviewed by The Herald reporter said the tax rates were very favourable but however there was need for ZIMRA to educate them about compliance.
Mr Phoenix Mugava, a manager at a grocery shop said payment of revenue tax compliments the President’s mantra of “Nyika inovakwa nevene vayo.”
“There is nothing wrong with ZIMRA conducting compliance checks. Informal businesses should contribute to the country’s fiscus and that will reduce the tax burden. Here we sell locally produced products only so we do not have issues with import duty” he said.
Mr Tinashe Handitye who is into wholesale and retail said the blitz was a very good exercise and urged other traders to comply.
“This is good exercise; we do not have a problem in complying with laws and regulations. ZIMRA need to educate traders about tax compliance. Instead of enforcing laws they should educate traders so that they comply” said Mr Handitye.
A stationery trader who requested for anonymity said there was nothing wrong with the blitz and said he had everything in place.
Most of the traders said they were paying VAT and PAYE to Zimra.
Fiscalisation became legally enforceable in Zimbabwe after Statutory Instrument 104 of 2010, was gazetted on June 8, 2010.
Fiscal tax registers record financial transactions from businesses and transmit the data in real time to ZIMRA, and are therefore seen by Government as central to widening the revenue collection base.
Online Reporter